Twilio Stock Raises the Bar This Earnings Season
Accelerating growth is a good look on most companies, and that's where Twilio (NYSE: TWLO) finds itself after posting fresh financials shortly after Monday's market close. The in-app communications specialist saw its revenue climb 49% to $95.9 million in the second quarter, fueled by a 55% surge in base revenue. Twilio was targeting top-line results of $85.5 million to $87.5 million for the period just three months ago.
The 49% gain is noteworthy, and not just because Twilio was being woefully conservative in its guidance. Year-over-year revenue growth had decelerated for seven consecutive quarters -- going from 87% in the second quarter of 2015 all the way down to 47% during Twilio's problematic first quarter last time out -- before snapping the streak on Monday afternoon. Bears will rightfully point out that base revenue growth has continued to decelerate, but bulls will have no problem taking the overall victory.
Twilio's bottom-line results also exceeded its earlier guidance. Twilio's adjusted loss for the quarter clocked in at $0.05 a share, half of the red ink that the fast-growing app enhancer was forecasting back in May. Twilio went on to bump its outlook higher for all of 2017, making it a classic "beat and raise" performance that also happens to be a good look on growth stocks.
Source: Fool.com
Twilio Inc Stock
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 19.66% for Twilio Inc compared to the current price of 54.32 €.
