Twilio (TWLO) PT Lowered to $153 at Canaccord Genuity

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Go back to Twilio (TWLO) PT Lowered to $153 at Canaccord Genuity

Twilio (TWLO) Drops on Big Miss for Profit Outlook, Earns Multiple Downgrades

August 5, 2022 9:02 AM EDT

Shares of Twilio (NYSE: TWLO) are down over 8% in premarket trading after the software company offered a light forecast.

For the second quarter, Twilio delivered an adjusted loss per share of $0.11 on revenue of $943.4 million to top the analyst consensus of a loss of $0.20 on revenue of $918.2 million. Revenue soared 41% on a YoY basis as Twilio reported 275,000 active customer accounts, although slightly lower than the... More