Twilio Q2 Performance Gets Negative Reaction and Price Cuts From Analysts

Twilio Q2 Performance Gets Negative Reaction and Price Cuts From Analysts
Twilio Inc.'s logo at the New York Stock Exchange in New York on June 23, 2016. Drew Angerer/Getty Images
Benzinga
Updated:

Twilio Inc.’s second-quarter revenue jumped 41 percent year-over-year to $943.35 million, beating the consensus. The net loss of $(0.11) per share beat the estimate.

Morgan Stanley analyst Meta Marshall’s Overweight thesis on TWLO factored in the unique value proposition the company has in transforming and optimizing the customer relationship (making it a ‘durable high growth franchise’).