Twilio Volatile After Q4 Beat

Twilio Inc TWLO shares were trading lower by $0.35 at $30.61 in Wednesday's session.

The Street isn't too impressed with its Q4 EPS beat of $0.05 along with a $7.8 million beat for revenues. Also confusing the Street is lower Q1 EPS guidance, but higher guidance for FY 2017.

After a higher open, it continued in that direction until it peaked at $32.69 and reversed course. That high coincides with its December 28 high of $32.75.

The ensuing decline has taken the issue to $29.75 and it has rebounded back into the $30.00 handle. That low comes in just above its February 2 low of $29.62.

Update: At time of publication, the stock was up $0.05 at $31.01.