Twilio Q3 Earnings: EPS Beat, Revenue Up 5%, CustomerAI And More
Portfolio Pulse from Adam Eckert
Twilio Inc reported Q3 earnings with revenue up 5% YoY to $1.03 billion, beating the consensus estimate of $989.28 million. The company reported earnings of 58 cents per share, surpassing analyst estimates of 35 cents per share. Active customer accounts increased to over 306,000. Twilio also repurchased $620 million in stock from its $1 billion buyback announced in February. The company expects Q4 revenue to be between $1.03 billion and $1.04 billion.
November 08, 2023 | 9:17 pm
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Twilio's Q3 earnings beat estimates with revenue and EPS surpassing expectations. The company also reported an increase in active customer accounts and a significant stock repurchase.
Twilio's Q3 earnings beat estimates, which is a positive signal for investors. The increase in revenue and EPS, along with the increase in active customer accounts, indicates strong performance. The company's stock repurchase also shows confidence in its own stock, which could positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100