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2021-07-30

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Twilio beats revenue, earnings estimates

Twilio Inc.'s stock was initially down 2% in extended trading Thursday after the company reported se

Twilio beats revenue, earnings estimates

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The company reported adjusted net loss of 11 cents a share.</p>\n<p>Revenue bolted 67% to $668.9 million from $400.8 million a year ago.</p>\n<p>Analysts surveyed by FactSet had expected a net loss of 13 cents a share on revenue of $599 million.</p>\n<p>Twilio's shares are up 15.5% so far in 2021. The broader S&amp;P 500 index has gained 18% this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWLO":"Twilio Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155818241","content_text":"Twilio Inc.'s stock was initially down 2% in extended trading Thursday after the company reported second-quarter results.\n\"Our strong momentum continued in the second quarter as our revenue growth accelerated at a run rate of more than $2.6 billion,\" Twilio Chief Executive Jeff Lawson said in a statement announcing the results.\nTwilio (TWLO)reported a net loss of $227.9 million, or $1.31 a share, vs. net income of $99.9 million, or 71 cents a share, in the year-ago quarter. The company reported adjusted net loss of 11 cents a share.\nRevenue bolted 67% to $668.9 million from $400.8 million a year ago.\nAnalysts surveyed by FactSet had expected a net loss of 13 cents a share on revenue of $599 million.\nTwilio's shares are up 15.5% so far in 2021. The broader S&P 500 index has gained 18% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}