Twilio Q2 Tops Revenue, EPS Estimates
Formerly hot digital communications specialist Twilio (NYSE: TWLO) cooled down Tuesday night following the release of its Q2 of fiscal 2020 results, which were published after market hours. Collectively, prognosticators tracking the stock had estimated a top-line result of $368.2 million and an adjusted net loss of $0.09 per share. Although the results were encouraging, Twilio has posted higher revenue growth rates in the past; for Q1, the company's year-over-year improvement came in at 57%.
