Brief: Twilio Concludes Operational Review Of Segment

Twilio

05/03/2024 14:54

March 5 (Reuters) - Twilio Inc  TWLO.N :
    * TARGETS BREAK-EVEN NON-GAAP INCOME FROM OPERATIONS FOR
SEGMENT
BUSINESS BY Q2 2025
    * TWILIO CONCLUDES OPERATIONAL REVIEW OF SEGMENT BUSINESS
AND
ANNOUNCES $2 BILLION EXPANSION OF SHARE REPURCHASE AUTHORIZATION
    * ACCELERATES PLAN TO ACHIEVE CONSOLIDATED GAAP OPERATING
PROFITABILITY TO Q4 2025
    * ANNOUNCES APPOINTMENT OF THOMAS WYATT AS PRESIDENT OF
TWILIO
SEGMENT
    * AFFIRMS ITS GUIDANCE FOR Q1 OF 2024 THAT IT ORIGINALLY
PROVIDED
ON FEBRUARY 14
    * SEES FY 2024 ORGANIC Y/Y REVENUE GROWTH 5%-10%
    * FY2024 REVENUE VIEW $4.35 BILLION -- LSEG IBES DATA
    * TWILIO: CONCLUDED RETAINING SEGMENT, TAKING ACTION TO
ACCELERATE
PATH TO PROFITABILITY IS BEST OPPORTUNITY AVAILABLE TO ENHANCE
VALUE FOR SHAREHOLDERS

Source text for Eikon:  ID:nBw7zdSnYa 
Further company coverage:  TWLO.N 

 ((Reuters.Briefs@thomsonreuters.com;))