Earnings Results: Twilio’s stock tumbles 15% on weaker-than-expected revenue guidance

by | May 9, 2023 | Stock Market

Twilio Inc. racked up its second straight $1 billion sales quarter Tuesday, but tepid sales guidance led investors to hammer the company’s stock more than 15% in after-hours trading. Twilio forecast $980 million to $990 million in second-quarter sales. Analysts polled by FactSet are forecasting $1.05 billion. The company did beat on revenue…

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