Twilio (TWLO -2.18%) has been a disaster of a business after the fallout from the pandemic a couple of years ago. Despite operating at a $4 billion-per-year revenue run-rate (up more than 500% in five years) and sitting on a mountain of cash, the cloud-based communications business has struggled mightily with profitability. As a result, share prices remain down nearly 20% from where they were at the beginning of 2019, despite Twilio's stock notching a 55% rally in 2023. Twilio set out to fix many of its iss ...

After many months of activist-investor pressure, Monday’s abrupt departure of Twilio Chief Executive Jeff Lawson is a likely precursor to more change, such as a possible sale of its data and applications unit.Twilio’s shares TWLO, +6.68% soared almost 7% on Monday on the news that Lawson, who also co-founded the communications-software company, was stepping down. Last year, two activist investors — first Legion Partners and then Anson Funds — acquired stakes in the company, and have advocated for either a s ...

Twilio (TWLO) shares soared 6.7% in the last trading session to close at $73.64. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.2% loss over the past four weeks.The upswing came after Twilio announced that it has appointed Khozema Shipchandler as the new Chief Executive Officer of the company and anticipated to surpass fourth-quarter 2023 revenue forecasts.This company is expected to post quarterly earnings of $0.55 per share ...

Shares of cloud-based communications software specialist Twilio (NASDAQ:TWLO) popped sharply higher on Monday. News broke that Twilio co-founder Jeff Lawson will resign from the CEO role amid mounting activist pressure. Since late October, TWLO stock has engineered a conspicuous recovery effort. Still, experts believe Lawson’s exiting might not be enough to appease the activists.According to a CNBC report, a regulatory filing announced the move. Also, in the same document, Twilio disclosed that it expects f ...

Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, SpainTwilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software company. The move comes as company grapples with two activist investors who have been pushing for significant changes at the company.Shares of Twilio are up about 7.3% on the news."The time has come for me to pass the reins of this extraordinary comp ...

SAN FRANCISCO--(BUSINESS WIRE)--Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced that Khozema Shipchandler, formerly President of Twilio Communications, has been appointed Chief Executive Officer and will join the company’s Board of Directors, effective immediately. Shipchandler succeeds Jeff Lawson, Twilio’s co-founder, who is stepping down as CEO and as a member of the Twilio Board. In addition, Jeff Epstein, ...

Twilio (TWLO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +4% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Internet - Software industry, to which Twilio belongs, has gained 4.5% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumors about ...

Cathie Wood, the founder and CEO of investment management company Ark Invest, is a widely followed investor on Wall Street thanks to her strategy of buying shares of companies capable of disruptive innovation, which she believes could yield solid returns in the long run.Wood's flagship fund, the Ark Innovation ETF, has benefited from this strategy in 2023, logging impressive gains of 70%. Of course, the famous investor's philosophy of buying high-risk, high-reward companies also means that there will be per ...

Twilio Inc. (NYSE:TWLO) UBS Global Technology Conference November 28, 2023 3:35 PM ET Company Participants Aidan Viggiano - CFO Conference Call Participants Taylor McGinnis - UBS Taylor McGinnis Okay. Well, hello, everyone. And thanks so much for attending this session with Twilio. We have Aidan here, Twilio's CFO. And for anyone in the room that might not know me, my name is Taylor McGinnis, and I'm one of the software analysts here at UBS. So Aidan, thanks for coming. Aidan Viggiano Thanks for having me. ...

Q3 2023 Earnings Results November 8, 2023 ©2023 TWILIO INC. ALL RIGHTS RESERVED Legal Disclaimer This presentation and the accompanying conference call contain forward-looking statements within the meaning of the federal securities laws, including statements about our future performance and goals. These statements involve substantial risks and uncertainties, as further described in "Forward-Looking Statements" on slide 16, as well as in our most recent periodic reports filed with the SEC, including our Annu ...