stock poised for growth amid AI push, profitability focus By Investing.com
Twilio Inc. (NYSE:), a leading provider of cloud communications platforms, has been making significant strides in improving its profitability and expanding its market presence. With an impressive “GREAT” overall financial health score according to InvestingPro, and a remarkable 93% price return over the past six months, the company has captured significant investor attention. As Twilio navigates a competitive landscape and evolving technology trends, investors and analysts are closely watching its performance and future prospects.
Recent Financial Performance
In the second quarter of 2024, Twilio reported better-than-expected results, with non-GAAP earnings per share (EPS) of $0.87 on revenue of $1.08 billion, representing a…