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'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.
Twilio (NYSE: TWLO) has been recognized as a Leader in the 2024 Gartner Magic Quadrant for CPaaS for the second consecutive year. The accolade is based on its Completeness of Vision and Ability to Execute. Twilio's CPaaS platform is trusted by major brands like eBay, Electrolux, and Stripe, offering services across Messaging, Voice, and Email. Recent enhancements include Unified Profiles for customer data integration, Agent Copilot for automation, and advanced Voice Intelligence for call analytics. This recognition underscores Twilio's focus on innovation and customer success in the evolving AI landscape.
Twilio, a customer engagement platform, has been recognized as a leader in the IDC MarketScape Worldwide CCaaS Applications Software 2024 Vendor Assessment for its Twilio Flex solution. This recognition highlights Twilio's commitment to innovation, particularly in analytics, channels, and AI capabilities. New offerings include Unified Profiles and Agent Copilot, which integrate customer data and AI to enhance productivity and customer satisfaction.
Flex Mobile, now in public beta, extends these capabilities to iOS and Android devices. Twilio's solutions are used by companies like Caring.com and Universidad Uk to boost efficiency and improve customer experiences.
Twilio's latest State of Personalization Report reveals the increasing importance of ethical AI in business. According to the report, 89% of business leaders believe ethical AI use can be a competitive edge, while 54% are addressing data privacy concerns. The report highlights the shift from reactive to predictive personalization, driven by AI, to meet sophisticated consumer demands, especially from Gen Z. Additionally, 85% of companies plan to adjust their marketing strategies for Gen Z, and 73% agree AI will reshape personalization strategies. Emotional intelligence and advanced metrics are also emphasized in the report.
Twilio announced new features, Linked Audiences and Segment Data Graph, at Snowflake Summit 2024. These tools enhance interoperability with data platforms and warehouses, helping businesses create unified customer profiles and drive real-time marketing insights.
Linked Audiences, now in public beta, allows marketers to easily combine real-time data from Segment’s CDP with comprehensive warehouse data without SQL. This helps in more precise targeting and better ROI.
Segment Data Graph enables dynamic connection and activation of customer data points within data platforms, essential for effective decision-making and advanced analytics.
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