Twilio (TWLO) Q1 Earnings Beat, Shares Fall on Dim Outlook
TWLOTwilio(TWLO) Zacks Investment Research·2024-05-08 21:31

Twilio Inc. (TWLO) started 2024 on a strong note by reporting better-than-expected financial results for the first quarter. Despite the stronger-than-expected quarterly performance, the company’s shares tumbled 6.7% during Tuesday’s extended trading session as its revenue guidance for the second quarter fell short of the Zacks Consensus Estimate, indicating a slowdown in demand amid macroeconomic uncertainties. Coming to the first-quarter performance, the programmable communication tool provider reported no ...