Twilio Sees Q2 2023 Revenue $980M-$990M Vs $1.02B Est
Portfolio Pulse from Benzinga Newsdesk
Twilio has projected its Q2 2023 revenue to be between $980 million and $990 million, which is lower than the estimated $1.02 billion.
August 08, 2023 | 8:13 pm
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NEGATIVE IMPACT
Twilio's lower than expected Q2 2023 revenue forecast could negatively impact its stock price in the short term.
Twilio's projected revenue for Q2 2023 is lower than the estimated $1.02 billion. This shortfall in projected revenue could lead to a decrease in investor confidence, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100