Why Twilio Stock Just Crashed 16.5%
Twilio (NYSE: TWLO) stock tumbled 16.5% through 10:55 a.m. ET Friday after a mixed earnings report last night.Heading into Q4 2024, analysts forecast Twilio would earn $1.03 per share, adjusted for one-time items, on sales of $1.18 billion. Twilio barely beat the sales target, reporting $1.19 billion, and barely missed the earnings target, reporting $1 per share, even. Sales grew a respectable 11% at Twilio in Q4, better than the company's 7% sales growth over all of 2024. The news on earnings, however, wasn't as good. Continue reading
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Twilio (NYSE: TWLO) stock tumbled 16.5% through 10:55 a.m. ET Friday after a mixed earnings report last night.
Heading into Q4 2024, analysts forecast Twilio would earn $1.03 per share, adjusted for one-time items, on sales of $1.18 billion. Twilio barely beat the sales target, reporting $1.19 billion, and barely missed the earnings target, reporting $1 per share, even.
Sales grew a respectable 11% at Twilio in Q4, better than the company's 7% sales growth over all of 2024. The news on earnings, however, wasn't as good.