Cloud Stocks: Twilio Adds AI Use Cases
Communication Platform as a Service (CPaaS) player Twilio (NYSE: TWLO) recently announced its third quarter results that surpassed market expectations. The outstanding performance helped take the stock 7% higher in the after-hours trading session. Twilio's Financials Twilio's third quarter revenues grew 5% to $1.03 billion, surging ahead of the market's forecast of $985 million. Earnings of $0.58 per share was also significantly better than the analyst estimate of $0.35 per share. Communications revenue grew 5% to $906.7 million, and Data & Applications revenue jumped 9% to ...
Source: sramanamitra.com
