Twilio Q2 Earnings: Revenue Beat, EPS Beat, Customer Account Growth And More
Portfolio Pulse from Adam Eckert
Twilio Inc (NYSE:TWLO) reported strong Q2 earnings with revenue and EPS beating estimates. Revenue increased by 4% year-over-year to $1.08 billion, and EPS was 87 cents, surpassing the expected 70 cents. The company also saw growth in active customer accounts and provided a positive outlook for Q3 and full-year 2024. Twilio shares rose 6.63% after hours.
August 01, 2024 | 9:07 pm
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Twilio reported strong Q2 earnings with revenue and EPS beating estimates. Revenue increased by 4% year-over-year to $1.08 billion, and EPS was 87 cents, surpassing the expected 70 cents. The company also saw growth in active customer accounts and provided a positive outlook for Q3 and full-year 2024. Twilio shares rose 6.63% after hours.
Twilio's strong Q2 earnings report, with both revenue and EPS beating estimates, indicates positive financial health and operational efficiency. The growth in active customer accounts and a positive outlook for Q3 and full-year 2024 further bolster investor confidence. The after-hours share price increase of 6.63% reflects the market's positive reaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100