Overview
Twilio Q3 revenue rises 15% yr/yr, beating analyst expectations
Adjusted EPS for Q3 beats consensus, reflecting strong financial performance
Company repurchased $349.8 mln in shares, showing financial confidence
Outlook
Twilio raises FY25 revenue growth forecast to 12.4%-12.6% from 10%-11%
Company expects FY25 non-GAAP income from operations of $900-$910 mln
Twilio projects Q4 revenue between $1.31 bln and $1.32 bln
Result Drivers
BROAD-BASED CUSTOMER STRENGTH - Twilio experienced strong growth across customer segments, including startups, enterprises, and ISVs, driving revenue increase
INCREASED PROFITABILITY - Non-GAAP income from operations rose 29% yr/yr, reflecting improved operational efficiency and customer engagement
EXPANSION RATE IMPROVEMENT - Dollar-based net expansion rate increased to 109%, indicating successful upselling and cross-selling
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $1.3 bln | $1.25 bln (23 Analysts) |
Q3 Adjusted EPS | Beat | $1.25 | $1.08 (24 Analysts) |
Q3 EPS | $0.23 | ||
Q3 Adjusted Operating Income | $235 mln | ||
Q3 Gross Profit | $632.07 mln | ||
Q3 Operating Income | $40.94 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy", 6 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Twilio Inc is $130.00, about 14.1% above its October 29 closing price of $111.61
Press Release: ID:nBw9HtM8na
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)