Earnings

Twilio (TWLO) earnings Q3 2022

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Jeff Lawson, CEO, Twilio

Scott Mlyn | CNBC

Twilio shares fell as much as 20% in extended trading on Thursday after the cloud communications software maker announced third-quarter results that gave a soft revenue outlook.

Here’s how the company did:

  • Loss: Loss of 27 cents per share, adjusted, vs. loss of 36 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $983 million, vs. $972.2 million as expected as expected by analysts, according to Refinitiv.

“Like many companies, we are facing some short-term headwinds, but the long-term opportunity remains strong as companies continue building their customer engagement strategies, become more efficient, and aim to build better…



Source cnbc.com

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