Huge reversal in the after-hours could set up a change in fortunes for the stock in days to come.
The stock plunged as much as 12% before finding support at $88 which also filled a remaining gap on the chart. Such gaps are used as buy zones for the bottom feeders hoping to snap up a bargain in good companies, it looks like a fantastic buying opportunity in TWLO.
It is apparent that the guidance disappointed the machines rather than the humans.
This has the company expecting Non-GAAP per-share earnings between 16 cents and 17 cents. It also is looking for revenue ranging from $1.114 billion to 1.117 billion. Wall Street is estimating earnings per share of 17 cents on revenue of $1.12 billion for the year.
Earnings highligths Sourcde Seeking Alpha
Twilio (NYSE:TWLO) has tumbled 11.7% postmarket following Q3 earnings where it beat high estimates but also offered dim guidance for the current quarter.
Revenues grew 75% to $295.1M, and base revenues grew 79%. That revenue growth was also up 7% from the second quarter in both cases.
Operating loss was $94.7M (and non-GAAP operating loss was $3.6M, down from a gain of $4.3M a year ago).
Attributable GAAP net loss was $0.64 vs. a year-ago loss of $0.28; non-GAAP EPS fell to $0.03 from $0.07.
Active customer accounts more than doubled, to 172,092 (including contribution from SendGrid, acquired in February). Dollar-based net expansion rate was 132% vs. a year-ago 145%.
For Q4, it's guiding to revenue of $311M-$314M (with base revenue of $300M-$302M, vs. consensus for $320.7M), and EPS of $0.01-$0.02 (well below consensus for $0.07).
For the full year, that means total revenue of $1.114B-$1.117B (base revenue of $1.053B-$1.055B), and EPS of $0.16-$0.17.
The stock plunged as much as 12% before finding support at $88 which also filled a remaining gap on the chart. Such gaps are used as buy zones for the bottom feeders hoping to snap up a bargain in good companies, it looks like a fantastic buying opportunity in TWLO.
It is apparent that the guidance disappointed the machines rather than the humans.
This has the company expecting Non-GAAP per-share earnings between 16 cents and 17 cents. It also is looking for revenue ranging from $1.114 billion to 1.117 billion. Wall Street is estimating earnings per share of 17 cents on revenue of $1.12 billion for the year.
Earnings highligths Sourcde Seeking Alpha
Twilio (NYSE:TWLO) has tumbled 11.7% postmarket following Q3 earnings where it beat high estimates but also offered dim guidance for the current quarter.
Revenues grew 75% to $295.1M, and base revenues grew 79%. That revenue growth was also up 7% from the second quarter in both cases.
Operating loss was $94.7M (and non-GAAP operating loss was $3.6M, down from a gain of $4.3M a year ago).
Attributable GAAP net loss was $0.64 vs. a year-ago loss of $0.28; non-GAAP EPS fell to $0.03 from $0.07.
Active customer accounts more than doubled, to 172,092 (including contribution from SendGrid, acquired in February). Dollar-based net expansion rate was 132% vs. a year-ago 145%.
For Q4, it's guiding to revenue of $311M-$314M (with base revenue of $300M-$302M, vs. consensus for $320.7M), and EPS of $0.01-$0.02 (well below consensus for $0.07).
For the full year, that means total revenue of $1.114B-$1.117B (base revenue of $1.053B-$1.055B), and EPS of $0.16-$0.17.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.