Twilio (NYSE:TWLO) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Twilio beat estimated earnings by 47.62%, reporting an EPS of $-0.11 versus an estimate of $-0.21.
Revenue was up $274.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 1.48% drop in the share price the next day.
Here’s a look at Twilio’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.22 | -0.21 | -0.14 | -0.13 |
| EPS Actual | 0 | -0.20 | 0.01 | -0.11 |
| Revenue Estimate | 863.59M | 767.84M | 680.52M | 598.37M |
| Revenue Actual | 875.36M | 842.74M | 740.18M | 668.93M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Twilio management provided guidance for Q3 2022, expecting earnings between $-0.43 and $-0.37 per share.
To track all earnings releases for Twilio visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
