Twilio Inc reports results for the quarter ended June 30 - Earnings Summary

• Twilio Inc TWLO.N reported quarterly adjusted earnings of $1.19​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 87 cents. The mean expectation of twenty four analysts for the quarter was for earnings of $1.05 per share. Wall Street expected results to range from 99 cents to $1.32 per share.

• Revenue rose 13.5% to $1.23 billion from a year ago; analysts expected $1.19 billion.

• Twilio Inc's reported EPS for the quarter was 14 cents​.

• The company reported quarterly net income of $22.42 million.

• Twilio Inc shares had risen by 4.7% this quarter and gained 20.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Twilio Inc is $130.00, about 5.9% below its last closing price of $122.39

This summary was machine generated from LSEG data August 8 at 04:29 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)