Shares of cloud communications company Twilio fell as much as 17% on Wednesday after the company gave lower-than expected quarterly earnings and revenue guidance. Earnings: Excluding certain items, 3 cents per share, vs. 1 cent per share as expected by analysts, according to Refinitiv. Revenue: $295.1 million, vs. $287.8 million 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 statement.
31 Oct 2019
Twilio reports weak guidance, Apple forecasts strong holiday sales, FB reports uptick in users
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Twilio reports weak guidance, Apple forecasts strong holiday sales, FB reports uptick in users
Kainos Group PLC (KNOS:LON), 909 | essensys PLC (ESYS:LON), 18.2
- Published:
31 Oct 2019 -
Author:
Kartik Swaminathan -
Pages:
4
Shares of cloud communications company Twilio fell as much as 17% on Wednesday after the company gave lower-than expected quarterly earnings and revenue guidance. Earnings: Excluding certain items, 3 cents per share, vs. 1 cent per share as expected by analysts, according to Refinitiv. Revenue: $295.1 million, vs. $287.8 million 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 statement.