Twilio Inc. (NYSE:TWLO) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 8th. Analysts expect Twilio to post earnings of ($0.08) per share for the quarter. Twilio has set its Q3 guidance at ($0.07-0.08) EPS and its FY17 guidance at ($0.24-0.22) EPS.

Twilio (NYSE:TWLO) last posted its earnings results on Monday, August 7th. The technology company reported ($0.20) EPS for the quarter, meeting the consensus estimate of ($0.20). The firm had revenue of $95.90 million for the quarter, compared to analyst estimates of $86.28 million. Twilio had a negative return on equity of 15.40% and a negative net margin of 13.42%. Twilio’s revenue for the quarter was up 48.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.08) earnings per share. On average, analysts expect Twilio to post $-0.7 EPS for the current fiscal year and $-0.56 EPS for the next fiscal year.

Twilio Inc. (TWLO) opened at 31.95 on Wednesday. The company has a 50-day moving average price of $31.22 and a 200 day moving average price of $31.21. Twilio Inc. has a 12-month low of $22.80 and a 12-month high of $38.88. The stock’s market cap is $2.94 billion.

A number of equities research analysts recently weighed in on TWLO shares. William Blair reaffirmed an “outperform” rating on shares of Twilio in a research report on Tuesday, September 5th. Northland Securities reaffirmed a “buy” rating and set a $36.00 price objective on shares of Twilio in a research report on Tuesday, September 12th. Robert W. Baird started coverage on shares of Twilio in a research report on Monday, July 10th. They set an “outperform” rating and a $35.00 price objective for the company. Vetr raised shares of Twilio from a “buy” rating to a “strong-buy” rating and set a $34.50 price objective for the company in a research report on Wednesday, July 12th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $38.00 price objective on shares of Twilio in a research report on Monday, September 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $36.91.

In other Twilio news, CFO Lee Kirkpatrick sold 10,000 shares of the company’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $32.17, for a total value of $321,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Karyn Smith sold 5,213 shares of the company’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $29.21, for a total transaction of $152,271.73. The disclosure for this sale can be found here. In the last 90 days, insiders sold 52,847 shares of company stock valued at $1,645,621.

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About Twilio

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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