Twilio Stock Soars After Strong Q2 Results and Guidance

Twilio Inc. (NYSE: TWLO ) shares are flying on Friday after the cloud communications company delivered a second-quarter report that beat expectations on revenue and earnings. Twilio shares are powering higher. What’s fueling TWLO momentum? Record Profitability and a Revenue Beat Set the Tone Second-quarter revenue of $1.50 billion outpaced the $1.43 billion consensus and represented a 22% advance from the same period a year earlier. Adjusted earnings of $1.47 per share surpassed the $1.32 estimate by more than 11%. Operating cash flow reached $372.4 million while free cash flow totaled $352.6 million, both figures that CEO Khozema Shipchandler described as records for the company. Shipchandler called the period a powerful new chapter for Twilio, pointing to another quarter of organic growth acceleration alongside record profitability and free cash flow. The company bought back $...