Categories AlphaGraphs, Earnings, LATEST, Technology
Twilio (TWLO) reports surprise profit for Q2; revenue up 46%
Cloud communications platform Twilio Inc. (NASDAQ: TWLO) reported a sharp increase in second-quarter revenues, which resulted in a surprise profit. The company’s stock dropped about 5% during Tuesday’s extended session, immediately after the announcement.
The company reported adjusted earnings of $0.09 per share for the June quarter, compared to $0.03 per share in the corresponding period of last year. Analysts were looking for a loss in the latest quarter. On a reported basis, it was a net loss of $99.9 million or $0.71 per share, compared to last year’s loss of $92.6 million or $0.72 per share.
Revenues climbed 46% from last year to $400.8 million in the second quarter and surpassed the market’s projection. During the three-month period, the number of active customer accounts rose 24% year-over-year to more than 200,000.
The stock lost sharply on Tuesday evening, after closing the regular session slightly lower.
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
