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Twilio (TWLO) Tops Q1 EPS by 26c, Offers Guidance

May 9, 2023 4:07 PM
(Updated - May 9, 2023 5:02 PM EDT)

Twilio (NYSE: TWLO) reported Q1 EPS of $0.47, $0.26 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1 billion.

GUIDANCE:

Twilio sees Q2 2023 EPS of $0.27-$0.31, versus the consensus of $0.29. Twilio sees Q2 2023 revenue of $980-990 million, versus the consensus of $1050 million.

Twilio is initiating guidance for the second quarter ending June 30, 2023 and raising the low end of its non-GAAP income from operations guidance range for fiscal year 2023, originally provided on February 15, 2023.

Q2 FY23
Guidance

Revenue (millions)

$980 - $990

Y/Y Growth

4% - 5%

Non-GAAP income from operations (millions)

$65 - $75

Non-GAAP diluted earnings per share (1)

$0.27 - $0.31

Non-GAAP weighted average diluted shares outstanding (millions)

186

FY23 Guidance

Non-GAAP income from operations (millions)

$275 - $350

(1)

Non-GAAP diluted earnings per share guidance assumes no impact from volatility of foreign exchange rates.

For earnings history and earnings-related data on Twilio (TWLO) click here.

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