News & Events:TWLO

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Shares of cloud-based communications software provider Twilio, Inc. tumbled 13.5% Friday after the company issued below-par guidance for the September quarter. Undeterred by the plunge, Cathie Wood -owned Ark Invest on Friday bought heavily into the stock. The ARK Next Generation Internet ETF purchased 50,407 shares and the ARK Fintech Innovation ETF added 32,028 shares.

Twilio has observed the following analyst ratings within the last quarter: According to 16 analyst offering 12-month price targets in the last 3 months, Twilio has an average price target of $136.5 with a high of $215.00 and a low of $90.00. Below is a summary of how these 16 analysts rated Twilio over the past 3 months.

  This article was generated by Benzinga's automated content engine and reviewed by an editor.

Twilio, Inc was plunged over 18% at one point on Friday after issuing third-quarter guidance that came in below estimates. The lowered price targets, which prior to Friday came in between $132 and $245, now come in between the $90 and $153 range. The third-quarter guidance was issued on Thursday after the market close, when Twilio printed a second-quarter earnings beat.

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Twilio Inc's  second-quarter revenue jumped 41% year-over-year to $943.35 million, beating the consensus. Morgan Stanley analyst Meta Marshall's Overweight thesis on TWLO factored in the unique value proposition the company has in transforming and optimizing the customer relationship. She saw the durability of this growth in Q2, with the company continuing to outgrow expectations.

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Twilio Inc shares are trading lower Friday after the company reported better-than-expected financial results, but issued guidance below analyst estimates. Twilio said second-quarter revenue jumped 41% year-over-year to $943.35 million, which beat the estimate of $919.66 million, according to data from Benzinga Pro.

  This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Twilio Inc  shares are trading lower in Thursday's after-hours session after the company reported better-than-expected financial results but issued guidance below analyst estimates. Twilio said second-quarter revenue jumped 41% year-over-year to $943.35 million, which beat the estimate of $919.66 million, according to data from Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Twilio Inc (TWLO): * TWILIO ANNOUNCES SECOND QUARTER 2022 RESULTS. * Q2 REVENUE ROSE 41 PERCENT TO $943.4 MILLION. * Q2 NON-GAAP LOSS PER SHARE $0.11. * Q2 GAAP LOSS PER SHARE $1.77. * SEES Q3 FY22 REVENUE $965 - $975 MILLIONS. * SEES Q3 FY22 NON-GAAP LOSS PER SHARE $0.43 - $0.37 Source text for Eikon: Further company coverage:

Twilio reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Twilio beat estimated earnings by 47.62%, reporting an EPS of $-0.11 versus an estimate of $-0.21. Revenue was up $274.42 million from the same period last year.