News Formal

Twilio stock falls after giving soft earnings guidance

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Twilio's net dollar expansion rate was soft for the fiscal third quarter, and earnings for the next quarter was also lighter than expected.

fell as much as 17% on Wednesday after the company gave lower-than expected quarterly earnings guidance.Excluding certain items, 3 cents per share, vs. 1 cent per share as expected by analysts, according to Refinitiv.Twilio's revenue grew 75% in the fiscal third quarter, which ended on September 30, according to a.

The company called for 1 cent to 2 cents in earnings per share, excluding certain items, on $311 million to $314 million in fiscal fourth quarter revenue. Analysts polled by Refinitiv had expected an average of 7 cents in earnings per share, excluding certain items, and $322.0 million in revenue. Piper Jaffray analysts led by Brent Bracelin assumed coverage of Twilio with the equivalent of a buy rating on Monday.

"Few cloud software franchises are at $1B+ run-rate, yet still growing organically by 50%-plus with a profitable model, large TAM opportunity, and strong leadership," the analysts wrote.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Twilo. Isn’t that the alien planet from the walnut episode of THE DICK VAN DYKE SHOW?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Alphabet stock dips on earnings missAlphabet missed earnings expectations, sending the stock down after hours. Maybe they need a new infusion of ethics!
La source: CNBC - 🏆 12. / 72 Lire la suite »

European stocks seen lower as investors watch US-China trade, big bank earningsEuropean stocks were seen slightly lower Wednesday morning amid reports that China is reluctant to commit to U.S. President Donald Trump's demands that it make significant purchases of American agricultural products.
La source: CNBC - 🏆 12. / 72 Lire la suite »