Twilio (TWLO) Releases Earnings Results, Beats Expectations By $0.07 EPS

Twilio (TWLO) reported quarterly earnings results on Monday, Aug-8-2016. The company said it had a profit of $-0.08 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $-0.15. The company posted revenue of $64.50 million in the period, compared to analysts expectations of $58.23 million. The company’s revenue was up 70.0% compared to the same quarter last year.

Many Wall Street Analysts have commented on Twilio. Twilio was Initiated by William Blair to “Outperform” on Jul 18, 2016. Twilio was Initiated by JMP Securities to “Mkt Perform” on Jul 18, 2016. Twilio was Initiated by Pacific Crest to “Sector Weight” on Jul 18, 2016.


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