Twilio (TWLO) PT Raised to $83 at Piper Sandler
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Twilio (TWLO) jumps 15% on strong profit beat, guidance seen as 'impressive'
February 16, 2023 7:27 AM ESTTwilio (NYSE: TWLO) stock is trading about 15% higher in pre-open Wednesday after the company delivered a better-than-expected profit forecast.
For its fourth quarter, Twilio posted EPS of $0.22 on revenue of $1.02 billion. Analysts were expecting a loss per share of $0.08 on revenue of $1B. The company also reported a 13% increase in the number of active customer accounts (290,000).
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