Twilio Stock Has a Lot to Prove on Wednesday
It's time for Twilio Inc. (NYSE: TWLO) to step up with its latest financial results. The leading provider of in-app communications solutions posts its third-quarter results after Wednesday's market close, and it should be another period of healthy growth.
Twilio's summertime guidance was calling for $91 million to $93 million in revenue for the third quarter, up 27% to 30% from the $71.5 million it rang up a year earlier. Base revenue -- a steadier measuring stick that accounts for the lion's share of Twilio's top-line results -- is expected to clock in 35% to 37% higher. Twilio is targeting an adjusted net loss per share of $0.07 to $0.08.
Image source: Twilio Inc.
Source: Fool.com
Twilio Inc Stock
€54.23
-1.440%
Currently there is a rather positive sentiment for Twilio Inc with 31 Buy predictions and 7 Sell predictions.
With a target price of 65 € there is a slightly positive potential of 19.86% for Twilio Inc compared to the current price of 54.23 €.
