Twilio surges more than 30 percent after earnings blowout

Twilio surges more than 30 percent after earnings blowout

6 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/07/twilio-surges-after-earnings-blowout.html

Twilio surged over 32 percent Wednesday after crushing third-quarter expectations on earnings, revenue and guidance. The cloud software company has already more than tripled in value since its this year.

Twilio grew its revenue 68 percent compared to last year, it said in a statement. The company reported revenue of $168.9 million compared to analyst expectations of $150.4 million, per Refinitiv. It also beat earnings expectations by 5 cents per share, coming in at 7 cents per share.

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