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Twilio says it got the math wrong on its full-year earnings forecast last week

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Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, Spain

Joan Cros Garcia/Corbis | Corbis News | Getty Images

Cloud communications company Twilio just re-reported its full-year forecast, after the company messed up the math the first time around.

Twilio’s full-year earnings per share guidance is now expected to between 12 cents and 13 cents, instead of the 16 cents to 17 cents originally reported alongside its third-quarter earnings.

The company said in a filing the change is “due to a calculation error.”

It appears the company just didn’t add up the quarterly earnings correctly for fiscal 2019 when…



Source cnbc.com

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