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Twilio Inc. (TWLO) provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally.
The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.
The firm recently purchased SendGrid. SendGrid provides a cloud-based email delivery service that assists businesses with email delivery. The service manages various types of email including shipping notifications, friend requests, sign-up confirmations, and email newsletters.
Twilio (TWLO) reported a 4th Quarter December 2018 loss of $0.06 per share on revenue of $204.3 million. The consensus earnings estimate was $0.04 per share on revenue of $184.4 million. The company said it expects first quarter non-GAAP results to range from breakeven to earnings of $0.01 per share on revenue of $222.0 million to $225.0 million. The current consensus estimate is earnings of $0.02 per share on revenue of $187.3 million for the quarter ending March 31, 2019.
Shares are heading higher in an upward trading channel. Shares are presently at the lower boundary of the channel. The 50-day moving average (shown in brown) is supporting the formation.
Entry Point: $127.00
Stop Loss: $120.50
Trading Range: $38.82 - $136.00
Target Price: $139.70
TWLO closed at $143.23
