Twilio (TWLO) Releases Quarterly Earnings Results, Beats Estimates By $0.21 EPS

Twilio (NYSE:TWLO) posted its quarterly earnings data on Tuesday. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.21, Bloomberg Earnings reports. The firm had revenue of $204.30 million during the quarter, compared to analyst estimates of $184.46 million. Twilio had a negative net margin of 16.70% and a negative return on equity of 18.94%. Twilio’s revenue was up 77.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.03) EPS. Twilio updated its Q1 2019 guidance to $0.00-0.01 EPS and its FY 2019 guidance to $0.08-0.11 EPS.

NYSE:TWLO opened at $115.29 on Wednesday. The company has a market cap of $11.48 billion, a price-to-earnings ratio of -147.81 and a beta of 1.34. Twilio has a twelve month low of $25.54 and a twelve month high of $119.00. The company has a current ratio of 6.78, a quick ratio of 6.78 and a debt-to-equity ratio of 0.99.

In other Twilio news, CEO Jeff Lawson sold 20,830 shares of the business’s stock in a transaction that occurred on Monday, November 19th. The shares were sold at an average price of $81.48, for a total transaction of $1,697,228.40. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Erika Rottenberg sold 808 shares of the business’s stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $113.82, for a total transaction of $91,966.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 171,507 shares of company stock worth $15,691,579. 19.80% of the stock is owned by insiders.

A number of large investors have recently added to or reduced their stakes in TWLO. Adirondack Trust Co. boosted its holdings in shares of Twilio by 625.0% in the 4th quarter. Adirondack Trust Co. now owns 348 shares of the technology company’s stock valued at $31,000 after acquiring an additional 300 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Twilio by 300.0% in the 4th quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock valued at $35,000 after acquiring an additional 300 shares during the last quarter. Brasada Capital Management LP purchased a new stake in shares of Twilio in the 4th quarter valued at $45,000. Signet Investment Advisory Group Inc. purchased a new stake in shares of Twilio in the 4th quarter valued at $53,000. Finally, Focused Wealth Management Inc purchased a new stake in shares of Twilio in the 4th quarter valued at $63,000. 59.84% of the stock is currently owned by institutional investors.

TWLO has been the subject of several recent analyst reports. Argus boosted their price objective on shares of Twilio from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, November 8th. Canaccord Genuity boosted their price objective on shares of Twilio from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, November 7th. Bank of America boosted their price objective on shares of Twilio from $87.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, November 7th. Monness Crespi & Hardt boosted their price objective on shares of Twilio from $108.00 to $117.00 and gave the stock a “buy” rating in a research note on Wednesday, November 7th. Finally, Deutsche Bank boosted their price objective on shares of Twilio to $110.00 and gave the stock a “buy” rating in a research note on Tuesday, December 18th. Three equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $95.97.

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Twilio Company Profile

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Earnings History for Twilio (NYSE:TWLO)

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