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Surprising Q4 earnings for Twilio

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Miguel A. Rodriguez
Miguel A. Rodriguez
18 February 2021
Both the revenue and the number of active users grew in the past quarter

The cloud communication company, Twilio, announced its quarterly earnings, which led to a positive market reaction.

The revenue topped by far the $454.8 million, as the figures came in at $548.1 million. Compared to last year’s quarterly revenue, the 2020 ones were 65% higher.

As the pandemic forced many people to work remotely, the number of active users increased by 13,000 in the fourth quarter, bringing the total to 221,000.

For the future, Twilio expects an adjusted loss of 12 cents to 9 cents per share, on revenues as high as $536 million in the first quarter. On the other hand, analysts forecast an adjusted loss of 2 cents per share on $492.1 million revenues.

After the news hit the wires, Twilio stock price went up more than 10%. Year-to-date, the company’s stock price added 22%, while USA500 rose less than 5%.

Check out more earnings reports on our Market News section!

Source: cnbc.com

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.