Twilio Raised Its Full-Year Growth Guide to 18% and Posted Record Revenue of $1.5 Billion. The Stock Rose 25% in a Day.
The communications-platform company's growth has now accelerated for two straight quarters -- and management raised the full-year guide to match.
Overview
Twilio (NYSE: TWLO) raised its 2026 outlook on Aug. 6. It now expects revenue to grow 18% to 18.5% this year, up from the 14% to 15% it guided just three months ago.
The raise came alongside $1.50 billion of second-quarter revenue, up 22% year over year and the highest quarterly total in Twilio's history -- the previous record was set only one quarter earlier. Shares soared about 25% on Friday, closing at $241.28.
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Originally published at www.fool.com.
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