Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Cloud communications software maker Twilio on Thursday issued a hopeful profit forecast for the next few years. The company sees its adjusted operating margin widening to between 21% and 22% in 2027 as part of a three-year...
February 9, 2025
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January 27, 2025January 27, 2025Earnings
Twilio shares pop 20%, biggest gain since 2020 on growth forecast
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared 20% on Friday, their biggest gain since the early days of the Covid pandemic, after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The stock jumped to $136.23 at...
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June 29, 2023June 29, 2023IPOs
Tech IPO drought reaches 18 months despite Nasdaq first half rally
Karl-Josef Hildenbrand | AFP | Getty Images Car-sharing service Turo filed its IPO prospectus in January 2022. A month earlier, Reddit said it submitted a draft registration for a public offering. Instacart’s confidential paperwork was filed in May of last year. None of them have hit the market yet. Despite a bloated pipeline of companies...