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. provides a customer engagement platform for real-time, personalized communications across channels including messaging, voice, chat, video and contact center workflows. The company’s news commonly covers quarterly results, product capabilities for communications, customer data and AI orchestration, and updates to Twilio Flex, Twilio Engage, Programmable Voice, TaskRouter, RCS, 10DLC and toll-free messaging connections.
Recurring developments also include customer and partner use cases, industry-recognition announcements, platform-console updates, pricing model changes, carrier connectivity, board appointments and other governance matters tied to Twilio’s role in cloud communications and customer engagement infrastructure.
Twilio, the customer engagement platform, will participate in the 52nd Annual J.P. Morgan Global Technology, Media, and Communications Conference. CEO Khozema Shipchandler will join a fireside chat on May 21, 2024. The event will be webcasted and available for replay on Twilio's investor relations website.
Twilio reported first quarter revenue of $1.05 billion, up 4% reported and 7% organic year-over-year, with a GAAP loss from operations of $44 million, an 84% improvement year-over-year. Non-GAAP income from operations was $160 million, raising full year guidance to $585 to $635 million. Twilio also announced a share repurchase program of up to $3 billion. The company expects 2024 organic revenue growth of 5% - 10% and reaffirmed its guidance for the year.
Twilio has appointed Chris Koehler as Chief Marketing Officer, bringing over 25 years of experience in customer engagement and marketing technology. In his new role, Chris will drive the global marketing strategy, focusing on expanding brand awareness and product innovation. He will play a key role in growing market share and enhancing messaging for Twilio's customer engagement platform. Chris joins recent hires Inbal Shani, Chief Product Officer for Twilio Communications, and Thomas Wyatt, President of Segment, in expanding Twilio's management team.
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