Twilio Stock Jumps On Software Maker's Upbeat Forecast

Twilio (TWLO) stock jumped in late trading after the communications software maker gave an optimistic long-term profit forecast and reported preliminary fourth quarter results. In a filing late Thursday, Twilio said it expects to report Q4 sales growth of 11% year-over-year when it publishes full results next month. Analysts polled by FactSet are expecting Twilio to post sales of $1.16 billion, up 10%. The company also said it expects "non-GAAP income from operations for the fourth quarter of 2024 and fisca ...