Twilio (TWLO) Tops Q2 EPS by 18c; Guides Above View

Twilio (NYSE: TWLO) reported Q2 EPS of $0.09, $0.18 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $400.8 million versus the consensus estimate of $368.23 million.

"Organizations in nearly every industry are turning to Twilio as they identify new ways to communicate with their customers and stakeholders,” said Jeff Lawson, Twilio’s co-founder and CEO. “We are just scratching the surface of this huge opportunity, and we believe the solutions being built today using our customer engagement platform will be the standard for digital engagement in the future.”

GUIDANCE:

Twilio sees Q3 2020 EPS of ($0.09)-($0.05), versus the consensus of ($0.06). Twilio sees Q3 2020 revenue of $401-406 million, versus the consensus of $379 million.

For earnings history and earnings-related data on Twilio (TWLO) click here.

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