Advertisement
Australia markets open in 7 hours 5 minutes
  • ALL ORDS

    8,206.10
    +72.70 (+0.89%)
     
  • AUD/USD

    0.6786
    +0.0024 (+0.35%)
     
  • ASX 200

    7,959.30
    +69.70 (+0.88%)
     
  • OIL

    82.18
    -0.44 (-0.53%)
     
  • GOLD

    2,416.00
    -5.90 (-0.24%)
     
  • Bitcoin AUD

    88,777.62
    +2,042.27 (+2.35%)
     
  • CMC Crypto 200

    1,249.00
    +50.43 (+4.21%)
     

Twilio Stock Sinks Again: Is There Any Value Left in These Shares?

Twilio Stock Sinks Again: Is There Any Value Left in These Shares?

Twilio's (NYSE: TWLO) progress toward recovery after the conclusion of 2022 has been erased. Twilio reported revenue of $1.01 billion in the first quarter, up 15% from the year prior and near the high end of guidance provided three months ago. SBC was $171 million in the first quarter, including restructuring and layoffs (more on that in a moment), up from $155 million last year.