First AI Application Earnings Surprise, Twillio Surge 10%!

MaverickWealthBuilder
16:38

$Twilio(TWLO)$ shares rose in response to the release of Q4 2024 results after the 23rd after-hours and a positive outlook on Thursday.Shares of the provider, which specializes in customer engagement and cloud communications, rose sharply, up 10%, in early after-hours trading.

The company announced

  • Q4 revenues up 11% year-over-year

  • GAAP operating profit was positive and well above the upper end of the range of its initial guidance provided in Q3;

  • FY2024 free cash flow within the range initially provided.

  • Looking forward to 2025, Twilio expects year-over-year revenue growth of 7% - 8%, with free cash flow expected to be in the range of $825 million to $850 million, and adjusted operating income to remain at similar levels.

  • Previously, the company planned to achieve an adjusted operating margin of 21% - 22% in fiscal 2027 and an adjusted operating margin of 16% in the third quarter of 2024.

Since the end of October, Twilio shares have surged about 60% in aggregate, a strong market performance.

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