Twilio Inc. (TWLO) shares are gaining more than 7 percent on Monday morning trade after the company said it expects to exceed financial guidance for the fourth quarter and full year 2023. Further, the company announced the appointment of Khozema Shipchandler as chief executive officer. Shipchandler will replace Jeff Lawson who will be stepping down as CEO and Director.
Twilio expects fourth-quarter revenue above the top-end of the guidance on November 8, 2023.
Currently, shares are at $73.82, up 6.91 percent from the previous close of $69.03 on a volume of 2,244,720.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.