Twilio (TWLO) to Release Quarterly Earnings on Monday
Twilio (NYSE:TWLO) is scheduled to announce its earnings results on Monday, February 5th. Twilio has set its Q4 guidance at $(0.06)-(0.05) EPS.
Twilio (NYSE:TWLO) last released its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.12. The business had revenue of $100.54 million during the quarter, compared to analysts’ expectations of $92.50 million. Twilio had a negative return on equity of 17.55% and a negative net margin of 15.69%. The firm’s revenue for the quarter was up 40.6% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.04) earnings per share. On average, analysts expect Twilio to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of Twilio (NYSE:TWLO) opened at $25.55 on Friday. The company has a market capitalization of $2,380.00 and a PE ratio of -35.00. Twilio has a 12-month low of $22.80 and a 12-month high of $34.95.
In other news, CFO Lee Kirkpatrick sold 7,000 shares of the business’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $25.89, for a total transaction of $181,230.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Karyn Smith sold 5,213 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $25.50, for a total value of $132,931.50. The disclosure for this sale can be found here. Insiders have sold a total of 40,222 shares of company stock valued at $1,027,788 over the last 90 days. Corporate insiders own 25.03% of the company’s stock.
Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).
Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.com's FREE daily email newsletter.