Why Twilio Stock Exploded Higher on Friday

Twilio (NYSE: TWLO) stock rocketed 18.5% through 11:40 a.m. ET Friday after the communications software company reported a big earnings beat last night.

Analysts only expected Twilio to earn $1.07 per share on $1.25 billion in revenue in Q3, but Twilio reported $1.25 per share in profit instead, and sales of $1.3 billion.

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Source Fool.com