TWLO Stock Recent News

Twilio Inc. NYSE: TWLO is a leading cloud-based communications platform-as-a-service (CPaaS) provider. This business services sector company was named a leader in the 2023 Gartner Magic Quadrant for CPaaS.

Zacks.com users have recently been watching Twilio (TWLO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

With Twilio under pressure from activist investors, it's looking at whether to sell Segment, the company it bought in 2020 for $3.2 billion.

Despite showcasing expansive quarterly growth and continuing a very impressive streak of exceeding bottom line expectations, Twilio's stock dropped -15% in Thursday's trading session on softer sales guidance for the first quarter.

Twilio easily beat expectations in the fourth quarter. But forward guidance was mixed relative to expectations, including a sequential revenue decline in Q1.

Wall Street's rally is in full swing today, even as January retail sales  disappoint.

Twilio (NYSE: TWLO ) stock is on the move Thursday after the software and communications solutions company's shares were hit with a price target cut by Needham. The price target for TWLO stock was reduced from $80 per share to $71 per share by Needham analysts.

Twilio's (TWLO) Q4 results reflect growth in the usage of its products and seasonal sales boost during the holiday season, partially offset by the challenges from the crypto customers.

Twilio Inc (NYSE:TWLO), the software company, saw shares trade 13% lower on Thursday after it reported weaker-than-expected sales growth guidance in the first trading update since its long-serving chief executive stepped down. Sales are expected to reach US$1.03 billion for the quarter ending in March, lower than the market consensus of US$1.05 billion.

Twilio Inc. (TWLO) Q4 2023 Earnings Call Transcript