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Twilio forecasts weak Q2 revenue, shares fall

Twilio Inc on Tuesday forecast second-quarter revenue below estimates, sending the cloud communications platform s shares tumbling nearly 13% in extended trading.. | May 9, 2023 ....

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Twilio (NYSE:TWLO) Issues Q2 2023 Earnings Guidance

Twilio (NYSE:TWLO – Get Rating) issued an update on its second quarter 2023 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.27-$0.31 for the period, compared to the consensus EPS estimate of $0.29. The company issued revenue guidance of $980.00 million-$990.00 million, compared to the consensus revenue estimate of $1.05 billion. Twilio […] ....

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Twilio (NYSE:TWLO) Price Target Cut to $85.00

Twilio (NYSE:TWLO – Get Rating) had its price target cut by UBS Group from $93.00 to $85.00 in a research note released on Wednesday morning, The Fly reports. Other analysts have also issued reports about the stock. Wells Fargo & Company upped their target price on shares of Twilio from $60.00 to $70.00 and gave […] ....

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UBS Group Trims Twilio (NYSE:TWLO) Target Price to $85.00

Twilio (NYSE:TWLO – Get Rating) had its target price trimmed by UBS Group from $93.00 to $85.00 in a research report sent to investors on Wednesday morning, The Fly reports. Several other research firms have also recently weighed in on TWLO. Piper Sandler increased their price target on Twilio from $69.00 to $83.00 and gave […] ....

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Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Decreases Stock Holdings in Twilio Inc. (NYSE:TWLO)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. trimmed its holdings in Twilio Inc. (NYSE:TWLO – Get Rating) by 26.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,155 shares of the technology company’s stock after selling 20,242 shares during the quarter. […] ....

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