Twilio's Q3 2024 earnings call reflected strong financial performance with exceeded revenue guidance and significant growth in the communications segment. However, challenges remain in the Segment business, which showed flat revenue and impacted gross margins. Despite these challenges, the company demonstrated successful AI integration and strong cash flow generation.
Company Guidance
In Twilio's third-quarter 2024 earnings call, the company reported a revenue of $1.134 billion, marking a 10% year-over-year increase, with communications revenue reaching $1.06 billion and segment revenue at $73 million. The firm also posted a non-GAAP income from operations of $182 million and a free cash flow of $189 million. The dollar-based net expansion rate for communications was 106%, while for the segment, it was 91%. Twilio's strategic focus on AI integration, particularly through a partnership with OpenAI, is expected to enhance customer personalization and engagement. The company anticipates a revenue growth of 7% to 8% for the fourth quarter and full year 2025, along with significant non-GAAP operating margin expansion and GAAP operating profitability.
Exceeded Revenue Guidance
Twilio delivered $1.134 billion in revenue for Q3 2024, surpassing guidance with a 10% year-over-year increase.
Strong Cash Flow and Profitability
Generated $189 million in free cash flow and $182 million in non-GAAP income from operations.
AI Integration Success
Twilio's AI recommendations product led to a 592% increase in sales per email for a global business supplies retailer.
Communications Business Growth
Twilio's communications segment saw revenue of $1.060 billion, up 10% year-over-year, driven by messaging and email.
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Twilio (GB:0LHL) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0LHL Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2024
$71.20
$81.71
+14.77%
Aug 01, 2024
$57.25
$62.66
+9.45%
May 07, 2024
$63.31
$58.00
-8.39%
Feb 14, 2024
$71.27
$61.32
-13.97%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Twilio Inc (GB:0LHL) report earnings?
Twilio Inc (GB:0LHL) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Twilio Inc (GB:0LHL) earnings time?
Twilio Inc (GB:0LHL) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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