Twilio Inc - TWLO STOCK NEWS

Twilio announces its eighth annual SIGNAL conference, set for November 2-3, 2022, featuring high-profile speakers like George Clooney, Amal Clooney, and Venus Williams. The event aims to enhance customer relationships and streamline operations amidst rising competition. Topics will include reducing customer acquisition costs and improving lifetime value. Attendees can expect keynotes, interactive sessions, and deep dives into new products and strategies for effective customer engagement.

Twilio (NYSE: TWLO) announces a partnership with BSH Home Appliances Group to implement Twilio Flex, a cloud-based contact center solution. This initiative, supported by Deloitte Consulting Spain, aims to enhance BSH's digital customer service infrastructure across multiple regions, starting in France and the UK. The rollout will involve 1,500 agents globally, focusing on integrating various communication channels and eliminating data silos to improve customer experience.

Twilio (NYSE: TWLO) announced that CEO Jeff Lawson will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 12, 2022, at 4:30 p.m. PT / 7:30 p.m. ET. A live webcast will be available on Twilio's investor relations website. The company emphasizes its commitment to using social media and its platform to disclose material non-public information, adhering to Regulation FD. Twilio's Customer Engagement Platform is trusted by numerous global companies to enhance customer communications across various sectors.

Twilio reported second-quarter revenue of $943.4 million, marking a 41% year-over-year increase. The company achieved a Dollar-Based Net Expansion Rate of 123%. Despite revenue growth, Twilio faced a GAAP loss from operations of $311.9 million, up from $202.3 million a year earlier. Non-GAAP losses were reported at $7.3 million. Twilio anticipates third-quarter revenue between $965-$975 million, reflecting 30%-32% year-over-year growth. Additionally, Miyuki Suzuki joined the Board of Directors, enhancing expertise in key growth markets.

Twilio Inc. (NYSE: TWLO) will release its second quarter 2022 results on August 4, 2022, after market close. A conference call will be held at 2:00 p.m. PT to discuss the results with investors. To participate, analysts should register in advance via this link. A live webcast will also be available on Twilio's Investor Relations website. A replay can be accessed by calling (800) 770-2030 in the U.S. or (647) 362-9199 for international callers until August 11, 2022.

Twilio (NYSE: TWLO) has officially entered the Canadian market, appointing Dino Marasco as Vice President and General Manager. This expansion marks a significant milestone for Twilio, which serves over 268,000 global businesses. The company’s Canadian workforce has increased rapidly, reinforcing its commitment to the region. With an emphasis on various sectors, including public services and healthcare, Twilio aims to create robust customer engagement solutions. The latest report indicates that investments in digital engagement can boost revenue by an average of 70%, showcasing the potential for Canadian businesses.

Twilio's latest State of Personalization Report reveals a growing consumer demand for personalized experiences, with 62% expecting such engagement from brands. However, trust is low, as only 40% believe companies will handle their data responsibly. Increased privacy regulations challenge businesses, with 50% finding personalization harder. The report highlights a shift towards first-party data, with 43% of leaders embracing it. Despite increased investments in personalization, many still struggle with technology and data management.

Red Oxygen, a prominent SMS solutions provider, has been accepted into Twilio's Build program as a Silver Level Technology Partner. This partnership acknowledges Red Oxygen's extensive experience with Twilio's SMS services since 2014. The company sends millions of messages monthly, aiming to enhance communication tools through collaboration with Twilio partners. Furthermore, Red Oxygen recently established a strategic partnership with Residential Management Systems, integrating its SMS solutions into RMS's Mercury products, which cater to university housing staff.

Twilio (NYSE: TWLO) has appointed Joyce Kim as Chief Marketing Officer, reporting to Elena Donio, President of Revenue. Kim, previously CMO at Genesys, will oversee global marketing to enhance Twilio's position in the customer engagement sector. Elena Donio highlighted Kim's extensive experience in SaaS, demand generation, and developer engagement as vital for the company's growth. Kim expressed enthusiasm about Twilio's opportunity to innovate in delivering personalized customer experiences.