Movement Alert|Twilio Pre-Market Rise 16.46%, Q2 Earnings Double Beat with Strong Q3 Guidance

Market Focus08-07 16:04

On August 7, Twilio rose 16.46% in pre-market trading, trading at $226.18/share, with turnover of $38,000. The surge was triggered by the company's second-quarter earnings report released after market close, which significantly exceeded Wall Street expectations on both top and bottom lines.

Twilio posted Q2 adjusted EPS of $1.47, beating the consensus estimate of $1.32, while revenue came in at $1.50 billion versus the expected $1.43 billion, representing approximately 22% year-over-year growth. For Q3, management guided adjusted EPS of $1.42 to $1.47 on revenue of $1.51 billion to $1.52 billion, both above analyst expectations of $1.40 EPS and $1.47 billion in revenue. This marks the third consecutive quarter of substantial beats, driven by robust AI-powered messaging and voice consumption demand. Prior to the report, multiple institutions had raised price targets, with Stifel upgrading to Buy at $260, Tigress at $255, and BofA at $235, reflecting broad institutional confidence in the company's execution trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment