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Why Twilio Stock Jumped 18% Today
TWLOTwilio(TWLO) The Motley Fool·2024-10-31 20:05

Twilio shares just skyrocketed -- but why? Here's what you need to know about the software developer's third-quarter results.Shares of Twilio (TWLO 14.28%) rocketed as much as 18% higher on Thursday, powered by an impressive earnings report. The stock cooled down to a still-impressive 16% gain by 3 p.m. ET.Twilio is leaving analyst targets in the dustThe Street consensus had called for third-quarter earnings of roughly $0.86 per share on sales near $1.09 billion. Instead, Twilio's revenues rose 10% year ove ...