Welcome to our dedicated page for Twilio news (Ticker: TWLO), a resource for investors and traders seeking the latest updates and insights on Twilio stock.
Twilio Inc. (NYSE: TWLO) is regularly featured in news coverage as a customer engagement platform that combines communications, data and AI to support real-time, personalized experiences for leading brands. News about Twilio often centers on product announcements, platform enhancements, financial results, research reports and partnerships that illustrate how the company’s technology is used in practice.
Recent press releases have highlighted Twilio’s quarterly financial results, where the company reports revenue, income from operations, cash flow and operating metrics such as Active Customer Accounts and Dollar-Based Net Expansion Rate. These updates are accompanied by commentary on customer demand across segments and guidance ranges for future periods, and are typically followed by conference calls with the investment community.
Product-focused news includes announcements about Twilio Segment’s data reliability and access features, such as Granular Observability, an Alerting Hub, expanded APIs and Auto-Instrumentation, as well as the global general availability of Rich Communication Services (RCS) messaging through Twilio’s Programmable Messaging and Verify APIs. These stories describe how Twilio aims to support trusted, rich and interactive customer communications and provide data teams with tools to monitor and manage customer data.
Twilio also publishes research-driven news, such as the Inside the Conversational AI Revolution report, which examines how organizations and consumers view conversational AI in customer service, sales and marketing. In addition, the company announces AI Startup Searchlight Award honorees, showcasing startups that build AI-powered customer engagement experiences on Twilio’s platform.
Other news items cover marketing and brand initiatives, including a multi-year partnership with the LA Kings of the National Hockey League, where Twilio is the official away helmet partner and its technology is used to enhance fan communications. Investors and observers can use the TWLO news feed to follow these developments across financial performance, technology evolution, AI initiatives and strategic partnerships.
Twilio's fourth annual State of Personalization Report reveals a surge in AI adoption for personalized customer experiences, with 92% of businesses now using AI-driven personalization. The report highlights a growing opportunity to build customer loyalty through tailored experiences, as 56% of consumers become repeat buyers after personalized interactions.
However, a stark disconnect exists between business enthusiasm and consumer comfort with AI: only 41% of consumers are comfortable with AI-powered personalization. The report emphasizes the need for businesses to establish trust and transparency in data usage. Gen Z emerges as the most receptive demographic to AI-infused experiences, with 34% already expecting AI in brand interactions.
Key challenges include data quality and privacy concerns, with 97% of companies taking steps to address consumer privacy issues. The report underscores the importance of leveraging high-quality, real-time data to improve AI results and personalization efforts.
Twilio Inc. (NYSE: TWLO) will release its first quarter 2023 results on May 9, 2023, after market close. The company will hold a conference call at 2:00 p.m. PT / 5:00 p.m. ET on the same day to discuss the results with investors. Interested participants must register in advance via the conference portal. A live webcast will also be accessible through the Twilio Investor Relations website. A replay of the call will be available until May 16, 2023. Twilio continues to serve companies globally, enhancing customer engagement through its platform across 180 countries.
Twilio (NYSE: TWLO) has announced the appointment of Charlie Bell to its Board of Directors effective March 28, 2023. Bell, a Microsoft Executive Vice President with extensive experience in cybersecurity and technology infrastructure, brings valuable insights to Twilio as it enhances its Customer Engagement Platform. In a notable shift, Richard Dalzell will not stand for re-election at the company’s upcoming Annual Meeting. Post-meeting, the Board will maintain nine members, with eight being independent. This change is part of Twilio's strategy to diversify its leadership and align with evolving business needs, strengthening its market position.
Twilio's latest report highlights the critical role of customer engagement investments in enhancing brand resilience, revealing a 90% revenue boost on average amid economic challenges.
66% of consumers are likely to abandon brands failing to provide personalized experiences, showcasing the urgency for companies to utilize first-party data effectively.
Surveying over 4,700 B2C leaders and 6,000 consumers, Twilio emphasizes the growing demand for personalized interactions and the necessity of addressing consumer privacy concerns to foster loyalty and improve financial performance.
Twilio (NYSE: TWLO) has announced the launch of Segment Unify, a real-time identity resolution solution designed to enhance customer engagement. This new feature allows businesses to merge customer histories into single profiles and sync them effortlessly with various data platforms. Segment Unify aims to lower acquisition costs and boost customer lifetime value through personalized engagements. Notably, Twilio has been recognized as #1 in Customer Data Platform market share for three consecutive years by IDC. The solution supports automated data management, enabling businesses to deliver tailored experiences that meet rising consumer expectations for personalization.
KORE Group Holdings (NYSE:KORE) has reached an agreement to acquire Twilio's (NYSE:TWLO) IoT business unit, which will enhance KORE's IoT solutions and customer base. Under the deal, KORE will issue 10 million shares, representing about 11.5% of its outstanding shares, to Twilio as payment. The acquisition aims to provide a comprehensive suite for building and managing IoT operations, leveraging Twilio's digital expertise and KORE's connectivity solutions. This strategic move is positioned to accelerate KORE's growth and establish its place as a leader in the IoT sector.
On March 14, 2023, PolyAI announced its integration with Twilio's Flex and Programmable Voice following a recent $40 million Series B funding round, in which Twilio Ventures participated. This collaboration enables customers to use PolyAI's conversational assistants for resolving queries over the phone, enhancing customer experience and operational efficiency. Despite self-service options, only 9% of queries are resolved through digital channels, emphasizing the need for effective IVR systems. The integration is accessible via a Marketplace Stream Connector within the Twilio console, facilitating seamless customer interactions.
Qualtrics (NASDAQ: XM) and Twilio (NYSE: TWLO) have announced a partnership expansion to introduce a no-code connector. This integration will enable real-time data sharing between Twilio Segment and Qualtrics Experience iD, allowing companies to merge operational and experience data for personalized customer interactions. Recent research highlights that 62% of consumers expect tailored experiences, emphasizing the importance of data unification. The integration enhances customer profiles by combining behavioral and sentiment data, improving engagement. Available at no extra cost, this connector marks a significant development for businesses seeking to enhance customer satisfaction.
Twilio (NYSE: TWLO) announced that Co-Founder and CEO Jeff Lawson will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2023, at 3:55 p.m. (PT). A live webcast will be accessible on Twilio's investor relations website, providing insights into the company’s customer engagement strategies. Twilio's platform is trusted by businesses globally to enhance customer relationships through intelligent communication.
The event highlights Twilio's commitment to transparency, using its investor relations website and social media for disclosures.
Twilio reported a fourth-quarter revenue of $1.02 billion, a 22% increase year-over-year, with organic revenue growth of 21%. Despite a GAAP loss from operations of $218.6 million, non-GAAP income reached $32.9 million. The company announced a $1.0 billion share repurchase program and a 17% workforce reduction to improve profitability. Twilio is restructuring into two business units and updating guidance for 2023 with anticipated revenue between $995 million and $1.005 billion in Q1. The gross net loss per share in Q4 2022 was $1.24, showing an improvement from $1.63 in the previous year.