(Boursier.com) — Twilio withdrew its annual growth guidance due to macroeconomic conditions. The stock market sanction is brutal today on Wall Street, where the title loses a quarter of its value before the market. Twilio, an American specialist in unified communications via the cloud, therefore falls to its lowest levels since 2018 on the stock market. For the third quarter, revenues nevertheless rose 33% to $983 million. Organic growth was 32%. Adjusted loss from operations was $35 million, compared to adjusted profit of $8 million a year earlier. The adjusted loss per share was 27 cents, against 1 cent profit a year earlier. The consolidated net loss totaled $482 million, $2.63 per share, twice as heavy as last year. The consensus for the quarter ended was 39 cents in adjusted loss per share and $974 million in revenue. It is therefore still exceeded.
The outlook is much more mixed. Twilio is looking at fourth-quarter revenue of $995 million to $1 billion, versus the FactSet consensus of $1.1 billion. “Like many companies, we face short-term headwinds, but the long-term opportunity remains strong as companies continue to develop their customer engagement strategies, become more efficient and aim to build better relationships. and more personalized with their customers,” added CEO Jeff Lawson.
©2022 Boursier.com