Twilio TWLO shares are trading lower after the company issued EPS guidance below estimates.
The company issued second-quarter adjusted EPS guidance of $(0.16) to $(0.13), versus the $(0.05) estimate.
Twilio reported quarterly earnings of $0.05 per share, which beat the analyst consensus estimate of $(0.10). The company reported quarterly sales of $590 million, which beat the analyst consensus estimate of $534.92 million.
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 stock was trading 9.13% lower at $305.05 at the time of writing. The stock has a 52-week high of $457.30 and a 52-week low of $152.40.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
