Shares of Twilio (TWLO -15.39%) fell 15.4% on Thursday despite stronger-than-expected quarterly results from the communication software tools provider. It seems the market is focused on Twilio's light forward guidance.Twilio ended 2023 on a high noteFor its fourth quarter of 2023, Twilio saw revenue climb 5% year over year to $1.08 billion, while its adjusted (non-GAAP) net income nearly quadrupled over the same period to $0.86 per share. By comparison, most Wall Street analysts were modeling earnings of on ...

Twilio (NYSE:TWLO) stock is on the move Thursday after the software and communications solutions company’s shares were hit with a price target cut by Needham.The price target for TWLO stock was reduced from $80 per share to $71 per share by Needham analysts. That represents a roughly 1.8% downside from its prior closing price. This also sets it below the analysts’ consensus price prediction of $71.36 per share.Needham isn’t the only firm whose analysts’ are souring on TWLO stock. Several others are also adj ...

Core Insights - Twilio Inc. reported better-than-expected fourth-quarter 2023 results with non-GAAP earnings of 86 cents per share, surpassing the Zacks Consensus Estimate of 57 cents and management's guidance range of 53-57 cents, showing significant improvement from 22 cents in the year-ago quarter [1] Revenue Details - The company registered revenues of $1.08 billion, a 5% year-over-year increase, exceeding the consensus mark of $1.04 billion [2] - Seasonal sales during the holiday season contributed to revenue growth, although challenges from customers in the crypto industry impacted the top line [2] - Twilio restructured its business segments, shifting $54 million of revenues from Data and Applications to Communications, and renamed its Data and Applications business unit to the Twilio Segment [2] Customer Metrics - The dollar-based net expansion rate was 102%, up from 101% in the previous quarter but down from 110% in the year-ago quarter [3] - Active customer accounts decreased to 305,000 as of December 31, 2023, from 306,000 at the end of the third quarter, but increased from 290,000 a year ago [3] Operating Results - Non-GAAP gross profit increased by 9% year over year to $564 million, with a non-GAAP gross margin of 52.4%, expanding 180 basis points year over year [4] - Non-GAAP operating income was $172.6 million, a significant improvement from a non-GAAP operating loss of $32.9 million in the year-ago quarter, resulting in a non-GAAP operating margin of 16% [4] - General & administrative expenses decreased by 29.1% to $62.1 million, accounting for 6% of quarterly revenues, down from 9% in the year-ago quarter [4] Balance Sheet - As of December 31, 2023, the company had cash and cash equivalents of $4.01 billion, up from $3.86 billion at the end of the third quarter [5] - Long-term debt stood at $988.6 million, with operating cash flow of $414.8 million generated during fiscal 2023 [5] - The company repurchased $656 million worth of stocks during the fiscal year and had bought back $730 million under a $1 billion share repurchase program authorized in February 2023 [5] Q1 Guidance - For the first quarter ending March 31, 2024, Twilio anticipates revenues between $1.025 billion and $1.035 billion, indicating a year-over-year increase of 2-3% on a reported basis and 5-6% on an organic basis [6] - The company forecasts non-GAAP earnings in the range of 56-60 cents per share for the upcoming quarter [6]

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Twilio Inc. (NYSE:TWLO) Q4 2023 Earnings Conference Call February 14, 2024 5:00 PM ET Company Participants Bryan Vaniman - Senior Vice President-Investor Relations Khozema Shipchandler - Chief Executive Officer Aidan Viggiano - Chief Financial Officer Conference Call Participants Meta Marshall - Morgan Stanley Mark Murphy - JPMorgan Quinton Gabrielli - Piper Sandler Michael Turrin - Wells Fargo Securities Ryan Koontz - Needham & Company Pat Walravens - Citizens JMP Taylor McGinnis - UBS William Power - Bair ...

Q4 2023 Earnings Results ...

Jeff Lawson, (C) Founder, CEO, & Chairman of Communications software provider Twilio Inc., rings the opening bell to celebrate his company's IPO at the New York Stock Exchange in New York City, June 23, 2016.Twilio announced alongside its fiscal fourth quarter earnings on Wednesday it would begin an operational review of an underperforming business unit that has been scrutinized by shareholder activists to "identify the appropriate path forward"The company also said it had recorded a $286 million impairment ...

Twilio Inc. came up short with its revenue forecast for the current quarter, helping to drive its shares lower in Wednesday’s extended session. For the first quarter, Twilio TWLO models $1.025 billion to $1.035 billion in revenue, whereas analysts were looking for $1.052 billion. The company also anticipates 56 cents to 60 cents in adjusted earnings per share, which compares with the FactSet consensus of 55 cents. Shares... Master your money. Subscribe to MarketWatch. Get this article and all of Ma ...

Twilio Inc. (TWLO) is slated to report fourth-quarter 2023 results on Feb 14.For the fourth quarter, the company anticipates revenues between $1.03 billion and $1.04 billion. The Zacks Consensus Estimate for fiscal fourth-quarter revenues stands at $1.04 billion, indicating a marginal improvement of 1.5% from the year-ago quarter’s revenues of $1.02 billion.Twilio anticipates non-GAAP earnings between 53 cents and 57 cents per share. The consensus mark for earnings is pegged at 57 cents per share, suggestin ...

Twilio (TWLO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -2% over the past month versus the Zacks S&P 500 composite's +5.1% change. The Zacks Internet - Software industry, to which Twilio belongs, has gained 18.2% over this period. Now the key question is: Where could the stock be headed in the near term?Although media repo ...