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Shares of Twilio (NYSE:TWLO) fell in after-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share were down 16.67% over the past year to $0.05, which beat the estimate of ($0.10).
Revenue of $589,988,000 higher by 61.70% from the same period last year, which beat the estimate of $534,920,000.
Outlook
Twilio Sees Q2 Adj. EPS $(0.16)-$(0.13) vs $(0.05) Est., Sales $591M-$601M vs $577.1M Est.
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Date: May 05, 2021
Time: 05:00 PM
Price Action
Company's 52-week high was at $457.30
Company's 52-week low was at $106.24
Price action over last quarter: down 25.57%
Company Overview
Twilio is a communications-platform-as-a-service company that allows software developers to integrate messaging and communications functionality into existing or new applications via application programming interfaces and software development kits. The firm's Programmable Communications Cloud addresses several use cases, including Programmable Voice to make and receive phone calls, Programmable Messaging for SMS and MMS delivery, and Programmable Video, which allows developers to embed video functionality in mobile and web applications.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.