Twilio (NYSE:TWLO) posted its quarterly earnings results on Tuesday. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.15, Bloomberg Earnings reports. Twilio had a negative return on equity of 17.55% and a negative net margin of 15.69%. Twilio updated its Q1 guidance to ($0.06-0.07) EPS and its FY18 guidance to ($0.10-0.14) EPS.
Twilio (TWLO) traded up $0.65 on Tuesday, hitting $26.44. The stock had a trading volume of 4,098,739 shares, compared to its average volume of 1,487,551. The stock has a market cap of $2,440.00 and a PE ratio of -36.22. Twilio has a 52 week low of $22.80 and a 52 week high of $34.74.
In other news, General Counsel Karyn Smith sold 4,213 shares of the firm’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $25.54, for a total value of $107,600.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Lee Kirkpatrick sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $25.89, for a total value of $181,230.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 40,222 shares of company stock valued at $1,027,788. 25.03% of the stock is currently owned by company insiders.
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Twilio Company Profile
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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