Twilio (TWLO) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post earnings of $0.57 per share when it actually produced earnings of $0.86, delivering a surprise of 50.88%.Over the last four quarters, the company has surpa ...

Q1 2024 Earnings Results ...

Financial Performance - First quarter 2024 revenue reached $1.05 billion, representing a 4% year-over-year increase and a 7% organic growth[6] - GAAP loss from operations improved to $44 million, an 84% reduction compared to the same quarter last year[6] - Non-GAAP income from operations was $160 million, with full year guidance raised to $585 to $635 million[6] - Free cash flow for Q1 2024 was $177.3 million, a significant improvement from a negative $114.5 million in Q1 2023[7] - The net loss attributable to common stockholders narrowed to $55,349 in Q1 2024 from $342,139 in Q1 2023, indicating improved financial performance[35] - GAAP revenue for Q1 2024 was $1,047,050, representing a year-over-year growth of 4%[44] - GAAP net loss attributable to common stockholders for Q1 2024 was $55,349, compared to a net loss of $342,139 in Q1 2023[40] - Non-GAAP net income attributable to common stockholders for Q1 2024 was $146,335, with a non-GAAP net income margin of 14.0%[40] - Free cash flow for Q1 2024 was $177,298, with a free cash flow margin of 17%[46] - Total loss before provision for income taxes was $45,161, reflecting ongoing financial pressures[48] Customer Metrics - Active customer accounts increased to over 313,000, up from more than 300,000 a year ago[7] - Dollar-Based Net Expansion Rate for Q1 2024 was 102%, down from 106% in Q1 2023[7] - Active Customer Accounts at the end of the reporting period are defined as accounts generating at least $5 of revenue in the last month, but the current number is less informative for future revenue trends[30][31] - The Dollar-Based Net Expansion Rate is calculated by comparing revenue from Active Customer Accounts quarter-over-quarter, excluding contributions from acquisitions made after January 1, 2023[32][33] Revenue Guidance - The company initiated guidance for Q2 2024 revenue between $1.05 billion and $1.06 billion, with year-over-year growth expected at 1% to 2%[11] - Full year 2024 organic revenue growth is reaffirmed at 5% to 10%[10] Operational Efficiency - Total operating expenses decreased significantly from $754,774 in Q1 2023 to $587,545 in Q1 2024, a reduction of about 22%[35] - Loss from operations was reported at $43,504, indicating challenges in operational efficiency[48] - The company incurred restructuring costs of $9,946, suggesting strategic adjustments in operations[48] Cash and Assets - Cash and cash equivalents as of March 31, 2024, were $672,595, up from $655,931 as of December 31, 2023[36] - Total assets decreased from $11,609,707 as of December 31, 2023, to $11,289,289 as of March 31, 2024[36] Profitability Metrics - Gross profit for Q1 2024 increased to $544,041 from $490,690 in Q1 2023, representing a gross margin improvement[35] - GAAP gross profit for Q1 2024 was $544,041, with a gross margin of 52.0%[38] - Non-GAAP gross profit for Q1 2024 was $565,959, with a non-GAAP gross margin of 54.1%[38] - Non-GAAP income from operations was $159,610, while the Communications segment reported $249,010[48] Employee Metrics - The company had 5,582 employees as of March 31, 2024[7] Shareholder Actions - Twilio's Board authorized an additional $2.0 billion for share repurchases, targeting completion of $1.5 billion by the end of 2024[9] Other Expenses - Stock-based compensation for Q1 2024 amounted to $156,158, compared to $160,466 in Q1 2023[40] - Non-GAAP research and development expenses for Q1 2024 were $165,209, representing 15.8% of revenue[38] - Corporate costs amounted to $68,406, impacting overall profitability[48] - Payroll taxes related to stock-based compensation were $6,776, adding to the financial burden[48] - Charitable contributions amounted to $1,295, indicating the company's commitment to social responsibility[48]

Twilio Inc. (TWLO) , a cloud communication and customer engagement solution provider, is set to report first-quarter 2024 results on May 7.The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 84.5%.Twilio projects non-GAAP revenues in the $1.025-$1.035 billion band (midpoint of $1.03 billion) and non-GAAP earnings per share in the 56-60 cents band (midpoint of 58 cents) for the first quarter of 2024.The Zacks Consensus Estimate for T ...

The latest trading session saw Twilio (TWLO) ending at $60.89, denoting a +1.47% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 1.02% for the day. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 2.03%.Prior to today's trading, shares of the company had lost 1.86% over the past month. This has was narrower than the Computer and Technology sector's loss of 5.32% and the S&P 500's loss of 3.15% in that time.The upcoming earnings releas ...

In the latest trading session, Twilio (TWLO) closed at $60.01, marking a -1.59% move from the previous day. This change lagged the S&P 500's daily loss of 0.46%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 0.64%.The the stock of company has fallen by 0.05% in the past month, leading the Computer and Technology sector's loss of 5.01% and the S&P 500's loss of 3.04%.Investors will be eagerly watching for the performance of Twilio in its upcoming earnings disclosure. The company's e ...

Company Performance - Twilio (TWLO) closed at $57.55, reflecting a -1.49% change from the previous day, which is less than the S&P 500's daily loss of 0.88% [1] - Over the last month, Twilio's shares decreased by 5.07%, underperforming the Computer and Technology sector's loss of 3.33% and the S&P 500's loss of 2.57% [1] - The upcoming earnings report is scheduled for May 7, 2024, with an expected EPS of $0.60, representing a 27.66% increase from the prior-year quarter, and projected revenue of $1.03 billion, up 2.31% from the year-ago period [1] Analyst Estimates - For the full year, the Zacks Consensus Estimates project earnings of $2.71 per share and revenue of $4.37 billion, indicating changes of +10.61% and +5.17% from the prior year, respectively [2] - Recent changes to analyst estimates reflect evolving short-term business trends, with positive revisions indicating analyst optimism about Twilio's business and profitability [2] Valuation Metrics - Twilio has a Forward P/E ratio of 21.59, which is a discount compared to the industry's average Forward P/E of 27.78 [3] - The company holds a PEG ratio of 1.1, compared to the Internet - Software industry's average PEG ratio of 1.72 [3] Industry Overview - The Internet - Software industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 53, placing it in the top 22% of over 250 industries [4] - The Zacks Industry Rank assesses the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]

In the latest market close, Twilio (TWLO) reached $58.74, with a -0.73% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.58%. Meanwhile, the Dow experienced a drop of 0.12%, and the technology-dominated Nasdaq saw a decrease of 1.15%.The the stock of company has fallen by 3.93% in the past month, lagging the Computer and Technology sector's loss of 0.47% and the S&P 500's loss of 1.09%.The investment community will be paying close attention to the earn ...

hapabapa Twilio (NYSE:TWLO), despite seeing slowing top line growth in FY 2023, also achieved a small improvement in its dollar-based net potential rate, a vital monetization figure that indicates potential for organic revenue growth. Twilio’s shares skidded 22% year-to-date after the cloud-based communications platform presented its Q1’24 revenue guidance and they have not yet recovered. Considering that Twilio is still growing its enterprise customer base, seeing an uptick in its dollar-based net expa ...

Twilio (TWLO) closed the latest trading day at $61.33, indicating a -0.84% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.74%. Meanwhile, the Dow experienced a drop of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.68%.The the stock of company has fallen by 0.72% in the past month, lagging the Computer and Technology sector's gain of 0.95% and the S&P 500's gain of 0.8%.Analysts and investors alike will be keeping a close eye on the performance of Twi ...