Welcome to our dedicated page for Twilio news (Ticker: TWLO), a resource for investors and traders seeking the latest updates and insights on Twilio stock.
Twilio Inc. (NYSE: TWLO) is a leading cloud communications platform-as-a-service (CPaaS) company that aims to fuel the future of communications. Founded in 2008, Twilio empowers developers and businesses to create personalized and contextual communication experiences by embedding messaging, voice, and video capabilities directly into their software applications. With over 800 employees, Twilio operates global offices in key cities such as San Francisco, Bogotá, Dublin, Hong Kong, London, Madrid, Malmö, Mountain View, Munich, New York City, Singapore, and Tallinn.
Twilio offers communication building blocks that enable a fully customizable customer engagement experience across various channels such as voice, video, chat, and SMS messaging. The company's extensive suite of application programming interfaces (APIs) and prebuilt solution applications are designed to enhance customer interactions and improve engagement.
Twilio leverages its proprietary Super Network, a vast global network of carrier relationships, to provide fast, reliable, and cost-effective communication services. This infrastructure allows Twilio to deliver high-speed communications at competitive prices, ensuring seamless connectivity for its users.
In recent years, Twilio has achieved significant milestones, including strategic partnerships and innovative product launches aimed at expanding its market presence and enhancing its service offerings. The company's commitment to innovation and customer satisfaction has positioned it as a key player in the cloud communications industry.
Twilio's financial condition remains robust, supported by a strong revenue growth trajectory and continuous expansion of its client base. The company's strategic acquisitions and partnerships have further solidified its market position, enabling it to deliver cutting-edge solutions to a diverse range of industries.
Overall, Twilio Inc. stands out as a pivotal entity in the realm of digital communications, offering unparalleled flexibility and power to developers and businesses worldwide.
Twilio (TWLO) reported strong Q3 2024 results with revenue reaching $1.134 billion, up 10% year-over-year. The company showed significant improvement in profitability with GAAP loss from operations narrowing to $4.9 million from $108.9 million in Q3 2023. Non-GAAP income from operations increased to $182.4 million. The company raised its full-year guidance, expecting organic revenue growth of 7.5-8% and non-GAAP income from operations of $700-710 million. Active customer accounts grew to over 320,000, and the Dollar-Based Net Expansion Rate improved to 105%. Twilio has completed over $2.7 billion in share repurchases and aims to complete the remaining authorized repurchases by end of 2024.
Transcend has appointed Luke Arno as Chief Revenue Officer (CRO) to lead its revenue organization. Arno joins from Twilio Segment where he served as Global Vice President of Sales, driving significant ARR growth across multiple regions. The appointment comes as Transcend reports record-breaking performance in 2024, helping companies save over $100 million through autonomous privacy operations. Additionally, Mike Orlick has been promoted to Global VP of Sales. The company aims to help enterprises transition from legacy solutions to its next-generation privacy platform, focusing on consent management, data discovery, and digital governance functions.
Twilio Inc. (NYSE: TWLO) has announced that it will release its third quarter 2024 results on Wednesday, October 30, 2024, after market close. The company will host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) on the same day to discuss the results with the investment community.
Investors and analysts can register for the webcast at a provided link, and a live webcast and replay will be available on the Twilio Investor Relations website. The replay will be accessible until 11:59 p.m. (ET) on October 30, 2025. Twilio uses its investor relations website and X (formerly Twitter) account (@twilio) to disclose material non-public information and comply with Regulation FD.
Twilio has announced an integration with OpenAI's Realtime API to enable the creation of conversational AI applications. This collaboration will allow over 300,000 Twilio customers and more than 10 million developers to build powerful virtual agents using OpenAI's GPT-4o model. The integration includes streaming speech-to-speech capabilities, which aim to make AI voice interactions more natural and human-like.
Key benefits of this integration include:
- Reduced latency and improved conversation pacing
- Enhanced user experience with better interruption handling and tone
- Potential for operational cost reduction and increased customer satisfaction
- Applications in customer service, sales, and social impact sectors
Twilio's platform will allow businesses to incorporate these AI virtual agents into their existing workflows, streamlining the development and deployment process.
Twilio's State of Nonprofit Digital Engagement Report reveals that nonprofits are adopting AI in CPaaS faster than the private sector. 90% of surveyed organizations in nonprofit, education, and healthcare sectors are using AI for engagement and marketing, with 58% of nonprofits integrating AI into their CPaaS solution compared to 47% of B2C businesses. The report highlights that 70% of nonprofits see AI as a key tool for increasing personalization and improving customer experience.
Key findings include:
- 87% of nonprofits consider strong digital engagement critical for success
- 71% prioritize personalized communications for 2024
- 88% plan to hire developers in 2024, averaging six new hires
- A transparency gap exists, with 83% of nonprofits believing they're transparent about AI use, while only 38% of end users agree
The report emphasizes AI's role in helping nonprofits scale engagements, improve response times, and make data-driven decisions across various sectors.
Twilio (NYSE: TWLO) has announced the global availability of Rich Communication Services (RCS) messaging via its Programmable Messaging and Verify APIs. This enhancement allows businesses to send branded, verified messages without code changes, incorporating features like business logos, taglines, and trusted sender verification by Google. RCS automatically upgrades SMS messages on capable devices at no additional cost for basic messages up to 160 characters.
Key benefits include increased customer trust and engagement, with a 2024 Twilio survey showing 75% of consumers reported increased trust in branded texts. The technology also enables rich content and interactive features like call-to-action buttons and carousels. Twilio manages carrier registration, onboarding, and capability checks, ensuring seamless delivery across RCS and SMS platforms.
Twilio (NYSE: TWLO), a leading customer engagement platform, has announced its participation in the Goldman Sachs Communacopia and Technology Conference. CEO Khozema Shipchandler will engage in a fireside chat on September 9, 2024, at 3:45 p.m. (PT) / 6:45 p.m. (ET).
A live webcast of the event will be available on Twilio's investor relations website, with a replay option for those unable to attend in real-time. This participation underscores Twilio's commitment to investor engagement and transparency.
The company also utilizes its investor relations website and X (formerly Twitter) account to disclose material non-public information and comply with Regulation FD disclosure obligations.
Twilio Inc. (NYSE: TWLO) and Polaris, operator of the U.S. National Human Trafficking Hotline, announced that Twilio Flex has significantly improved the hotline's effectiveness. Polaris implemented Twilio Flex to create a unified contact center system, combining all communication channels into a single platform. This integration has led to:
1. A significant reduction in wait times for victims seeking support
2. A 45% reduction in workflow steps for hotline advocates
3. Half as many loading screens compared to the previous system
These improvements enable advocates to assist more victims in less time, important for high-stakes cases. Polaris has been operating the hotline since 2007, connecting victims with local resources such as safe housing, legal assistance, and psychological support.
Twilio (NYSE: TWLO) reported its Q2 2024 financial results, showcasing a revenue of $1.08 billion, reflecting a 4% year-over-year increase, and an organic revenue growth of 7%. The GAAP loss from operations improved significantly to $19 million, down from $141.8 million in Q2 2023. The non-GAAP income from operations was $175.3 million, up from $120.1 million last year. Twilio raised its full-year guidance for non-GAAP income from operations to $650-$675 million.
Twilio also reported a GAAP net loss per share of $0.19 and a non-GAAP net income per share of $0.87. The company's cash provided by operating activities was $213.3 million, with a free cash flow of $197.6 million. Active customer accounts increased to more than 316,000, and the dollar-based net expansion rate was 102%.
Looking ahead, Twilio's Q3 2024 revenue guidance is set at $1.085-$1.095 billion, with non-GAAP income from operations projected at $160-$170 million.
Twilio (NYSE: TWLO) will announce its second quarter 2024 financial results on Thursday, August 1, 2024, post-market close. A conference call is scheduled for 2:00 p.m. (PT) / 5:00 p.m. (ET) the same day to discuss these results with investors. Interested parties can pre-register and access the live webcast and replay on Twilio's Investor Relations website until August 1, 2025. Twilio, a leading customer engagement platform, helps companies use communications and data to enhance customer relationships globally. For more details, visit Twilio's official website.
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