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Twilio Sees Q4 Non-GAAP Earnings Above Guidance; Approves $2 Billion Stock Buyback Program
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Twilio Sees Q4 Non-GAAP Earnings Above Guidance; Approves $2 Billion Stock Buyback Program
Jan 23, 2025 2:55 PM

05:30 PM EST, 01/23/2025 (MT Newswires) -- Twilio ( TWLO ) said Thursday it expects Q4 2024 non-GAAP diluted earnings to be above its guidance range of $0.95 to $1 per share.

Analysts polled by FactSet expect $1.

The company also expects to report an 11% increase in Q4 revenue year over year. Analysts surveyed by FactSet expect $1.16 billion.

Twilio ( TWLO ) will release its Q4 and full-year 2024 results on Feb. 13.

Additionally, the company said its board approved a $2 billion share buyback program after previously authorized share repurchase programs expired at the end of 2024. Shares may be repurchased from time to time through open market transactions, privately negotiated transactions, or other means, it said.

Twilio ( TWLO ) shares were advancing more than 9% in extended trading.

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