Earnings Results: Twilio’s stock tumbles 15% on weaker-than-expected revenue guidance

May 9, 2023

Twilio Inc. racked up its second straight $1 billion sales quarter Tuesday, but tepid sales guidance led investors to hammer the company’s stock more than 15% in after-hours trading.

Twilio forecast $980 million to $990 million in second-quarter sales. Analysts polled by FactSet are forecasting $1.05 billion.

The company did beat on revenue…

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…