Shares of cloud communications platform as a service company Twilio Inc. (TWLO) are surging more than 35% Thursday on the back of upbeat first-quarter results and the outlook, better than analysts' view. The stock touched a new high of $169.68, currently at $165.99.
The company reported its first-quarter earnings surprise of $0.06 per share , that beat average estimate of analysts polled by Thomson Reuters of $0.11 loss per share.
Revenue was up 57% year-over-year at $364.9 million. The consensus estimate was at $331.88 million.
Active Customer Accounts as of March 31, were more than 190,000, up 23% year-over-year.
Looking forward to second quarter, Twilio expects revenue to be in the range of $365 million - $370 million and adjusted loss per share to be in the range of $0.11 - $0.08. The Street expects loss per share of $0.13 on revenue of $337.77 million for the quarter.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.