Why Twilio Stock Jumped 18% Today

Core Insights - Twilio's shares surged by as much as 18% following a strong earnings report, ultimately closing with a 16% gain [1] - The company exceeded analyst expectations with third-quarter earnings of $1.02 per diluted share on revenues of $1.13 billion, marking a 10% year-over-year revenue increase and a 76% rise in adjusted earnings [2] - Twilio has been focusing on fiscal discipline and cost controls, resulting in improved profit margins, while benefiting from a stronger economy and successful feature launches [3] - Sales and cash flows are rebounding after a period of stagnation, although the stock remains down 82% from its all-time highs in 2021, currently trading at 24 times trailing earnings and 3 times sales [4]