Twilio (NYSE:TWLO) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Twilio beat estimated earnings by 47.62%, reporting an EPS of $-0.11 versus an estimate of $-0.21.
Revenue was up $274.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 1.48% drop in the share price the next day.
Here's a look at Twilio's past performance:
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Twilio management provided guidance for Q3 2022, expecting earnings between $-0.43 and $-0.37 per share.
To track all earnings releases for Twilio visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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