Twilio stock falls after giving soft earnings guidance

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.

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

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

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

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.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »