Twilio rises after Q1 beat, Q2 rev guidance above estimates

** Shares of cloud communications platform Twilio TWLO.N up 8.4% premarket to $106.06, over 1-mth high, after qtrly results and rev forecast surpass Wall Street's expectations

** TWLO shares set for 9th straight day of advances, if gains hold

** San Francisco-based firm late Thurs posted Q1 adj EPS of $1.14, above LSEG estimate of 94 cents, on 12% y/y rev growth to $1.17 bln, beating the $1.14 bln analysts expected

** Active customer accounts increased to more than 335,000 from 313,000 a yr ago

** For current qtr, TWLO sees rev of $1.18-$1.19 bln, which was above consensus view of $1.17 bln, and it guided for adj EPS of 99 cents to $1.04 vs analysts' projection of $1.04

** Several brokerages raised their PTs reacting to the news: Jefferies to $122 from $108, Scotiabank to $135 from $130, Mizuho to $140 from $125

** Jefferies said TWLO's report a positive outlier in an otherwise choppy macro environment, adding that co was clear on the earnings call that "even in April they have not seen material headwinds to messaging volumes"

** Of 29 brokerages covering TWLO, 19 rate stock "strong buy" or "buy", 7 have "hold" and 3 recommend "sell"; median PT is $130 - current LSEG data

** Through Thurs close, stock down 9.4% YTD and well off its 1-yr high of $151.95 hit on Jan 31