Twilio Tumbles Despite Q3 Beat, Strong Guidance

by Javier Hasse, Benzinga Editor

November 3, 2016 4:46 PM | 1 min read | Make a Comment

Twilio Inc TWLO reports a Q3 net loss of $(0.04) per share, beating the Street’s consensus by $0.04 per share.
Revenue of $71.53 million, up 61.6 percent year-over-year, also comes in $4.76 million ahead of expectations.
Management guided for Q4 revenue of $72.5 million to $74.5 million, above consensus of $70 million.
EPS are expected in the $(0.06) to $(0.05) range, in line with expectations for $(0.06).
For the full year, management envisions revenue of $268 million to $270 million, versus estimates of $260.3 million. EPS outlook of $(0.23)-$(0.21) is better than the expected $(0.27).
Shares are trading down 3.9 percent in Thursday’s after-hours session.

Posted In: Earnings News Guidance After-Hours Center Movers

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.