Entering text into the input field will update the search result below

Twilio +19% as Q4 revenues, guidance beat expectations

Feb. 14, 2018 2:25 PM ETTwilio Inc. (TWLO) StockTWLOBy: Carl Surran, SA News Editor2 Comments
  • Twilio (TWLO +18.7%) skyrockets nearly 20%, reaching its best intraday level in more than three months, after the cloud communications company reported a narrower than expected Q4 loss and a 41% Y/Y revenue increase.
  • Excluding the impact from lower Uber orders - which now account for 5% of TWLO's quarterly sales - TWLO's Q4 base revenue rose 62% Y/Y.
  • TWLO forecasts Q4 revenues of $115M-$117M vs. $108M analyst consensus estimate, and revenues of $506M-$514M vs. $481M consensus for the full year.
  • TWLO also produced $3.2M of free cash flow in Q4 vs. a $6M cash burn in the year-ago period; it was the company's first positive free cash flow result since Q1 2016.
  • Canaccord reiterates its Buy rating and $38 price target, citing three takeaways: growth among bread-and-butter customers remains robust, the forecast leaves room for upside” this year, and the installation of several new key executives means TWLO is “ready for the next leg of its go-to-market evolution,” which could in turn bring more enterprise adoption of its product.

Recommended For You

About TWLO Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
TWLO--
Twilio Inc.