Twilio Inc Stock Price, News & Analysis

Twilio (TWLO) reported Q2 2021 financial results showing a 67% year-over-year revenue growth to $668.9 million. Despite strong revenue, the company faced a GAAP loss from operations of $202.3 million, worsening from a $102.6 million loss in the previous year. Non-GAAP income decreased to $4.2 million from $9.5 million, and GAAP net loss per share increased to $1.31. With 240,000 active customer accounts and a 135% dollar-based net expansion rate, Twilio expects Q3 revenue between $670 - $680 million with a 50% - 52% growth rate.

Twilio (NYSE: TWLO) has achieved full compliance with the STIR/SHAKEN protocol, enhancing phone call legitimacy and authentication. This compliance ensures that all calls via its platform are verified, helping to combat illegal spoofing. Twilio also enrolled in the FCC’s Robocall Mitigation Database, requiring voice service providers to report their robocall mitigation strategies. Additionally, Twilio successfully tested authenticated Caller ID and Rich Call Data in collaboration with T-Mobile and other partners. These efforts aim to restore trust in phone communication.

Twilio (NYSE: TWLO) has completed the acquisition of Zipwhip for approximately $850 million, paid in cash and stock. This acquisition aims to strengthen Twilio's messaging capabilities, allowing businesses to interact more effectively with customers. Zipwhip will function within Twilio’s Communications Platform Unit, enhancing the ability to provide messaging-enabled toll-free numbers and improving carrier connections. John Lauer, Zipwhip's CEO, will report to Twilio's SVP Simon Khalaf. The acquisition is expected to facilitate synergies and expand messaging options for businesses.

Twilio (NYSE:TWLO) has launched Twilio Live, a cloud-based platform designed for seamless integration of live audio and video streaming into applications. The platform caters to the rising demand for virtual engagement, as highlighted in Twilio's State of Customer Engagement Report, which noted that 98% of businesses experienced accelerated video communication during the pandemic. Supported by Twilio’s reliable infrastructure, Twilio Live is now in beta, allowing businesses to create unique streaming experiences tailored to their specific needs across various industries.

Twilio (NYSE:TWLO) will report its Q2 2021 results on July 29, 2021, after market close. A conference call for investors and analysts is scheduled for the same day at 2:00 p.m. PT / 5:00 p.m. ET. Participants need to register in advance through the provided link. A live webcast will be accessible on Twilio's Investor Relations website, and a replay will be available until August 5, 2021. Twilio continues to empower developers with its communication APIs, enhancing customer engagement across various industries.

Twilio Segment (NYSE:TWLO) has launched Journeys, a new product designed to enhance customer personalization and journey mapping through the Segment Customer Data Platform. This tool allows marketers to create sophisticated, personalized customer journeys using real-time first-party data, streamlining multi-channel campaigns across over 300 applications. According to research, 85% of businesses believe they offer personalized experiences, but only 60% of consumers agree. The launch aims to address these discrepancies by providing accurate data and enhancing customer engagement.

Terazo, a software development firm, has secured over $10 million in funding led by Tercera, with participation from Twilio (TWLO). This investment aims to enhance hiring and foster strategic acquisitions, allowing Terazo to expand its integration and automation services nationally. The demand for cloud solutions has surged during the pandemic, prompting Terazo to assist clients in transitioning to digital platforms. The CEO emphasized the importance of hiring skilled talent to strengthen customer relationships and support digital transformations.

Twilio (NYSE: TWLO) announced that CFO Khozema Shipchandler will join a virtual fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on May 26, 2021, at 2:10 p.m. PT / 5:10 p.m. ET. The event will be available through a live webcast and replay on Twilio's investor relations website. Twilio leverages its website and social media to disclose material information as per Regulation FD. The company provides developers with APIs to enhance communications through various channels, democratizing access to voice, text, video, and email.

Twilio Inc. (NYSE: TWLO) announced a notice of redemption for all $135,839,000 of its 0.25% convertible senior notes due 2023, effective June 2, 2021. Noteholders can convert their notes into 14.1040 shares of class A common stock prior to June 1, 2021. Following this redemption, Twilio's total debt will be approximately $1 billion, comprising solely of its 2029 and 2031 notes. As of March 31, 2021, Twilio had cash and cash equivalents of about $2.3 billion, along with $3.4 billion in marketable securities.