Twilio falls after Q4 earnings miss

Twilio

14/02/2025 18:21

** Twilio's  TWLO.N  shares drop ~15% to $126.04 after the software firm reported quarterly
profit that missed analysts' estimates
    ** Stock on track for lowest close since January 23 and biggest daily pct decline since
February 2024
    ** TWLO reported after the bell on Thursday adj EPS of $1, slightly lower than Street
estimate of $1.04; rev rose 11% to $1.19 billion, in line with estimate of $1.18 billion, per
data compiled by LSEG
    ** Multiple analysts, including from Jefferies, Piper Sandler, Wells Fargo, UBS and Mizuho,
raised their PT on TWLO notwithstanding its result
    ** Among 30 analysts covering TWLO, their avg rating is "buy"; with median PT of $145, up
from $91 a month ago
    ** "Twilio is evolving from a CPaaS (communications platform-as-a-service) vendor to a
broader customer engagement platform solution provider, positioning the company to integrate
communications software with API-built CRM solutions across service (flex), marketing (engage)
and sales (frontline), all powered by its leading customer data platform (segment)," TD analysts
led by Derrick Wood wrote in an investor note    
    ** TWLO is up 17.8% YTD vs NASDAQ Composite Index's  .IXIC  3.4% increase
    

 (Reporting by Chibuike Oguh in New York)
 ((Chibuike.Oguh@thomsonreuters.com; +332-219-1834; Reuters Messaging:
chibuike.oguh.thomsonreuters.com@reuters.net))