Overview

* Twilio ( TWLO ) Q2 revenue of $1.23 bln, up 13% yr/yr, beats analyst expectations, per LSEG data

* Non-GAAP income from operations rose 26% yr/yr to $221 mln

* Twilio ( TWLO ) repurchased $176.7 mln in Class A shares in Q2

Outlook

* Twilio ( TWLO ) sees Q3 revenue between $1.245 bln and $1.255 bln

* Company expects Q3 non-GAAP EPS of $1.01 - $1.06

* Twilio ( TWLO ) raises FY25 organic revenue growth target to 9% - 10%

* Company raises FY25 free cash flow target to $875 - $900 mln

Result Drivers

* COMMUNICATIONS GROWTH - Communications revenue increased 14% yr/yr, driven by demand for customer engagement solutions

* INNOVATION SHOWCASE - Twilio's ( TWLO ) Signal conference highlighted latest innovations, reinforcing its role in customer experience infrastructure

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $1.23 $1.19

Revenue bln bln (22

Analysts

)

Q2 Beat $1.19 $1.05

Adjusted (21

EPS Analysts

)

Q2 EPS $0.14

Q2 $221 mln

Adjusted

Operatin

g Income

Q2 Gross $602.74

Profit mln

Q2 $36.99

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 8 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Twilio Inc ( TWLO ) is $130.00, about 0.2% below its August 6 closing price of $130.22

* The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)