Twilio shares gain on CEO change, Q4 earnings forecast raise

Twilio

08/01/2024 15:01

** Shares of Twilio  TWLO.N  rise 7% to $73.85
    ** Co says Chief Executive Officer and board chair Jeff
Lawson will step down from his roles effective Jan. 8
    ** Appoints current President of Twilio Communications,
Khozema Shipchandler, as new CEO and board member
    ** TWLO expects to report revenue and non-GAAP income from
operations for Q4 above its previous guidance - exchange filing
    ** Shares up 55% in 2023

 (Reporting by Yuvraj Malik)
 ((yuvraj.malik@thomsonreuters.com))