Fannie Mae, Freddie Mac shares tumble after conservatorship comments
Investing.com -- Twilio Inc (NYSE:TWLO) shares jumped 9% in after-hours trading Thursday after the customer engagement platform reported better-than-expected first quarter results and raised its full-year outlook.
The company posted adjusted earnings per share of $1.14, surpassing analyst estimates of $0.96. Revenue came in at $1.17 billion, up 12% YoY and above the consensus forecast of $1.14 billion.
Twilio’s CEO Khozema Shipchandler commented, "Twilio saw another quarter of revenue growth acceleration and double-digit growth, illustrating that our commitment to operating with more discipline, rigor, and focus is paying off."
For the second quarter, Twilio expects adjusted EPS between $0.99 and $1.04 on revenue of $1.18-1.19 billion. The company raised its full-year 2025 organic revenue growth target to 7.5%-8.5%, up from its previous guidance of 7%-8%. It also increased its non-GAAP income from operations and free cash flow targets to $850-$875 million, compared to $825-$850 million previously.
The company reported 335,000 active customer accounts as of March 31, 2025, up from 313,000 a year earlier. Twilio’s dollar-based net expansion rate improved to 107% from 102% in the same quarter last year.
Twilio also disclosed that it repurchased $130.2 million worth of its Class A common stock during the first quarter under its $2 billion share repurchase program authorized in January 2025.