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Twilio Tumbles Despite Q3 Beat, Strong Guidance

TWLO

  • Twilio Inc (NYSE: TWLO) reports a Q3 net loss of $(0.04) per share, beating the Street’s consensus by $0.04 per share.
  • Revenue of $71.53 million, up 61.6 percent year-over-year, also comes in $4.76 million ahead of expectations.
  • Management guided for Q4 revenue of $72.5 million to $74.5 million, above consensus of $70 million.
  • EPS are expected in the $(0.06) to $(0.05) range, in line with expectations for $(0.06).
  • For the full year, management envisions revenue of $268 million to $270 million, versus estimates of $260.3 million. EPS outlook of $(0.23)-$(0.21) is better than the expected $(0.27).
  • Shares are trading down 3.9 percent in Thursday’s after-hours session.
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