Twilio shares rise as the company says Q3 outlook brighter than expected

Twilio, which makes money selling communications infrastructure that developers can use to build out there applications, this afternoon said in an 8-K filing with the Securities & Exchange Commission that its outlook for third-quarter revenue will be higher than the original forecast of $401 million to $406 million that it had offered back on August 5th.

The company did not specify how much higher revenue will be. Analysts are currently modeling $405 million, according to FactSet.

Twilio was hosting its annual analyst day conference today, and the presentation from CFO Khozema Shipchandler and team is currently underway, having begun at 4 pm, Eastern time. 

In a deck of slides issued by the company, Twilio said simply that trends that had been going on in recent quarters continued during the quarter. 

Twilio shares are up $7.81, or 3%, at $264.77 in late trading.

Tech Earnings

SMART Global fiscal Q2 results, outlook top expectations

Adobe shares sag as outlook misses expectations

Micron stock jumps as fiscal Q2 results, outlook top expectations

Oracle shares rebound, fiscal Q4 view tops expectations

PagerDuty stock surges as fiscal Q4 revenue, forecast top expectations

DocuSign shares plunge, Q1 and year views miss expectations

Crowdstrike reports Q4 revenue of $431 million and $1.45 billion for full year

Broadcom shares jump as fiscal Q1 results, outlook top expectations

• SMART Global fiscal Q2 results, outlook top expectations
• Adobe shares sag as outlook misses expectations
• Micron stock jumps as fiscal Q2 results, outlook top expectations
• Oracle shares rebound, fiscal Q4 view tops expectations
• PagerDuty stock surges as fiscal Q4 revenue, forecast top expectations
• DocuSign shares plunge, Q1 and year views miss expectations
• Crowdstrike reports Q4 revenue of $431 million and $1.45 billion for full year
• Broadcom shares jump as fiscal Q1 results, outlook top expectations