Twilio is a cloud communications platform that enables developers and businesses to integrate various communication functionalities into their applications. Through its robust suite of APIs, Twilio provides seamless capabilities for voice, messaging, video, and authentication, allowing companies to enhance customer engagement and streamline communications. The platform supports a wide range of use cases, from customer service and marketing to security and verification, thereby empowering businesses to build personalized and scalable communication experiences. By leveraging Twilio's technology, organizations can connect with their customers in real-time across multiple channels, ultimately fostering stronger relationships and driving growth.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how software development stocks fared in Q3, starting with Datadog (NASDAQ:DDOG).
Discover 3 enterprise tech stocks—Twilio, DocuSign, and Zoom—poised as viable takeover targets in 2025, driven by industry growth and strategic potential.
What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Nov. 11-15, 2024.
Application performance monitoring software provider Dynatrace (NYSE:DT)
will be reporting results tomorrow before market open. Here’s what investors should know.
The top 10 performers last week were Reddit, Paycom, Mobileye, Exelixis, Garmin, Roblox, Twilio, Snap, Waters, and Atlassian. Many analysts raised price forecasts.
Shares of cloud communications infrastructure company Twilio (NYSE:TWLO)
jumped 17.3% in the morning session after the company reported impressive third-quarter earnings and provided an optimistic EPS forecast for the next quarter, which blew past analysts' expectations. Its billings also outperformed Wall Street's estimates. Notably, revenue accelerated sequentially, while top line growth improved as the net retention rate rose to 105%. This shows that the business is getting better at retaining and upselling its customers. Zooming out, we think this was a solid quarter.
Cloud communications infrastructure company Twilio (NYSE:TWLO) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 9.7% year on year to $1.13 billion. The company expects next quarter’s revenue to be around $1.16 billion, close to analysts’ estimates. Its non-GAAP profit of $1.02 per share was also 19.1% above analysts’ consensus estimates.
