Twilio stock surges on Q2 earnings beat, strong guidance

Cloud communications platform Twilio Inc. (TWLO) turned to profit in the second quarter from a loss last year helped by a sharp increase in revenues. The result defied analysts’ forecast for a loss.  The impressive outcome and the company’s high-end guidance triggered a rally and the stock gained about 16% in after-market trading. Twilio reported adjusted … Continue reading Twilio stock surges on Q2 earnings beat, strong guidance