{"id":339885,"date":"2017-05-03T04:29:36","date_gmt":"2017-05-02T20:29:36","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1484472"},"modified":"2017-05-03T04:29:36","modified_gmt":"2017-05-02T20:29:36","slug":"twilio-stock-takes-a-nosedive-in-after-hours-trading-on-weak-guidance","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/twilio-stock-takes-a-nosedive-in-after-hours-trading-on-weak-guidance\/","title":{"rendered":"Twilio stock takes a nosedive in after-hours trading on weak guidance"},"content":{"rendered":"

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A good report on revenue wasn\u2019t enough to keep Twilio stock from taking a dive in after-hours trading.\u00a0What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud-communications company have fallen 27 percent in after-hours trading.<\/p>\n

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The company issued guidance indicating that\u00a0revenue would fall between $356 and $362 million for the year. This is short of expectations of $370 million. For Q2 2017 earnings, Twilio also issued guidance noting that it expected between $85.5 and $87.5 million in revenue. Analysts had expected $87 million would be a baseline expectation, not a high-end target.<\/p>\n

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Outside of guidance, Twilio reported revenue of $87.4 million with a loss of 4 cents\u00a0in non-GAAP earnings per share for its Q1 2017 earnings report.\u00a0This overshot analyst expectations of $83.6 million in revenue by $3.8 million and nicely beat expected non-GAAP losses of six cents per share.<\/p>\n

We will continue to analyze today\u2019s earnings report and update this post with details from the company\u2019s earnings call later this afternoon.<\/p>\n

Featured Image: Joan Cros Garcia\/Corbis\/Getty Images<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

\"\" A good report on revenue wasn’t enough to keep Twilio stock from taking a dive in after-hours trading.\u00a0What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud-communications company have fallen 27 percent in after-hours trading. The company issued guidance indicating that\u00a0revenue would fall between $356 and $362… Read More<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

\"\"\/ <\/p>\n","protected":false},"author":5817,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[59,66,26],"class_list":["post-339885","post","type-post","status-publish","format-standard","hentry","category-technology","tag-media","tag-techcrunch","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/339885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=339885"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/339885\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=339885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=339885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=339885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}