Twilio stock slips on Q2 revenue outlook

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Cloud Communications News

Twilio,Quarter Revenue

Shares of Twilio (TWLO) are moving to the downside in after-hours trading on Tuesday. For the first quarter, the cloud communications company reported...

) are moving to the downside in after-hours trading on Tuesday. For the first quarter, the cloud communications company reported adjusted earnings per share of $0.80, topping estimates of $0.60. Revenue of $1.05 billion was just slightly better than the $1.03 billion estimate.

The second quarter revenue outlook was slightly disappointing, however. The company forecasts revenue of $1.05 billion to $1.06 billion short of the $1.08 billion estimate.In this article, we discuss the 10 companies to consider in the portfolio of Kevin O’Leary for 2024. If you want to skip our overview of O’Leary’s investment philosophy and learn about some more companies in his stock portfolio, go directly to Kevin O’Leary’s Stock Portfolio: 5 Stock Picks for 2024.

David Rosenberg: Tanking economy, productivity mean Bank of Canada should cut rates with or without the FedRussia's FX sales rise to 6.3 billion roubles in May as Finance Minister halves purchases MOSCOW -Russia's finance ministry said on Monday that it would halve its purchases of foreign currency and gold in the month ahead, a move that will increase the state's overall forex sales. The finance ministry said its purchases of foreign currencies and gold for the period from May 8 to June 6 would amount to the equivalent of 110.94 billion roubles , or 5.55 billion roubles per day.

 

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