Home  »  Equity Investing   »  Twilio Inc. (TWLO) stock plunged in the aftermarke...

Twilio Inc. (TWLO) stock plunged in the aftermarket: Why is it so?

Shares of the Twilio Inc. (TWLO) stock plunged in the aftermarket following the announcement of third-quarter 2021 financial results. TWLO stock price saw a downtrend of 13.21% to drop at $300 a share in the aftermarket. The stock was gloomy in the previous trading session and went down by 2.33% at closing. Let’s take a deep look at this stock.

Do You Own These 7 Inflation-Survival Stocks?

Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you find out how to protect your portfolio and outpace inflation, you'll keep being at the mercy of economic factors out of your control. Especially since the price of electricity, food, and shelter are creeping up higher than ever. In this special report, I detail 7 stocks to help you survive and thrive in today's market. They're backed by solid companies, positioned to profit during tough economic times, and offer out-sized dividends to help you outpace inflation.

Click here to get your free copy of the report


Third Quarter 2021 Financial Results:

  • Twilio stock reported $740.2 million in revenue in the third quarter of 2021 which represents a 65% increase year-over-year. This also includes revenues of $52.3 million and $23.6 million from the Twilio segment and Zipwhip respectively.
  • TWLO stock suffered a $232.3 million GAAP loss from operations in the third quarter of 2021 as compared to a $112.3 million GAAP loss from operations in the same quarter of last year.
  • Non-GAAP income from operations amounted to $8.2 million in Q3,2021 as compared to $7.3 million in Q3,2020.
  • Basic and diluted GAAP net loss per share attributable to common stockholders was $1.26 for the reported quarter. This compares to $0.79 basic and diluted GAAP net loss per share in the same quarter of last year.
  • TWLO stock reported diluted non-GAAP net income of $0.01 per share attributable to common stockholders in the third quarter of 2021. This net income was $0.04 per share attributable to common stockholders in the same quarter of last year.

Business Developments of TWLO stock:

As of September 30, 2021, TWLO stock had more than 250,000 active customer accounts and 7,381 employees. Dollar-based net expansion rate reduced from 137% in Q3,2020 to 131% in Q3, 2021. Morover TWLO stock announced the Twilio Engage platform in order to help marketers to deliver exceptional omnichannel campaigns. Twilio Live is another significant development of TWLO stock that enabled the businesses to experience the audio and video streaming services to scale their businesses. The company introduced the Twilio Messaging X which is the next-generation messaging platform for powering the next decade of messaging evolution.

Financial outlook for the Q4,2021:

Twilio stock has projected its revenue for the fourth quarter of 2021 in the range of $760 to $770 million. Year-over-Year growth is expected to be 39% to 40%. Non-GAAP loss from operations will be in the range of $40 million to $45 million. Non-GAAP basic outstanding shares will be 178 million for the fourth quarter of 2021.

Leadership Updates by the TWLO stock:

Twilio stock reported that George Hu informed the company on October 25, 2021, that he will resign from the position of Chief Operating Officer. George Hu will remain to contribute as a strategic advisor to Twilio until January 3, 2022. The new Chief Operating Officer of the company will be Khozema Shipchandler who previously served the Twilio stock as the Chief Financial Officer.

Leave a Comment

Your email address will not be published. Required fields are marked *

Related Posts




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.

Receive Best Stock To Trade Before The Opening Bell



100% Free. Stop Anytime. No Spam