{"id":5121,"date":"2017-05-02T21:08:11","date_gmt":"2017-05-02T21:08:11","guid":{"rendered":"https:\/\/www.rsoftsolution.com\/blog\/twilio-stock-takes-a-nosedive-in-after-hours-trading-on-weak-guidance.html"},"modified":"2017-05-02T21:08:11","modified_gmt":"2017-05-02T21:08:11","slug":"twilio-stock-takes-a-nosedive-in-after-hours-trading-on-weak-guidance","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/twilio-stock-takes-a-nosedive-in-after-hours-trading-on-weak-guidance.html","title":{"rendered":"Twilio stock takes a nosedive in after-hours trading on weak guidance"},"content":{"rendered":"


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A good report on revenue wasn\u2019t enough to keep Twilio stock from taking a dive in after-hours trading.\u00a0What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud-communications company have fallen 27 percent in after-hours trading.<\/p>\n

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The company issued guidance indicating that\u00a0revenue would fall between $356 and $362 million for the year. This is short of expectations of $370 million. For Q2 2017 earnings, Twilio also issued guidance noting that it expected between $85.5 and $87.5 million in revenue. Analysts had expected $87 million would be a baseline expectation, not a high-end target.<\/p>\n

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Outside of guidance, Twilio reported revenue of $87.4 million with a loss of 4 cents\u00a0in non-GAAP earnings per share for its Q1 2017 earnings report.\u00a0This overshot analyst expectations of $83.6 million in revenue by $3.8 million and nicely beat expected non-GAAP losses of six cents per share.<\/p>\n

We will continue to analyze today\u2019s earnings report and update this post with details from the company\u2019s earnings call later this afternoon.<\/p>\n

<\/p>\n

Featured Image: Joan Cros Garcia\/Corbis\/Getty Images<\/small><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/83ToYkGlvvw\/<\/p>","protected":false},"excerpt":{"rendered":"

A good report on revenue wasn\u2019t enough to keep Twilio stock from taking a dive in after-hours trading.\u00a0What at first glance appeared to be a positive story very quickly divulged <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-5121","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t