All of this contributes to a rather good year for the company in the larger scheme of things.įor the fiscal year, Twilio’s total revenue came in at $2.84 billion, representing a sizable 61% year-over-year increase.
Also, Twilio’s revenue dollar-based net expansion rate (RDNER) is up by 126% over the same period. Year-over-year, this adds up to a commendable 48% year-over-year jump. Furthermore, the company raked in a total revenue of $875.4 million, also above Wall Street projections of $863.81 million. Diving in, Twilio broke even in terms of earnings per share, handily beating estimates of a $0.21 per share loss.
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Namely, the company posted overall solid figures in its fourth-fiscal quarter update after yesterday’s closing bell. On the earnings front today, Twilio ( NASDAQ: TWLO) seems to be among the top tech stocks to watch. Twilio In Focus After Topping Earnings Estimates In Fourth Fiscal Quarter Financial Report ET, the Dow, S&P 500, and Nasdaq futures are trading lower by 0.56%, 0.80%, and 1.06% respectively.
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Regardless, today remains another day full of notable earnings to keep up with as well. In the larger scheme of things, it would not surprise me to see investors taking more defensive or cautious positions now. He writes, “ In all policy moves, there are negative consequences, which hopefully are muted, and are less impactful than the issue that is being addressed, and today that issue is inflation.” Rieder continues, “ There are many factors out of the Fed’s control (supply chain disruptions and geopolitics, for instance), but we’ll be watching closely to see how the Fed’s tightening of financial conditions impacts the broad economy and employment levels, which are very firm today but can clearly soften alongside of aggressive inflation-fighting monetary policy.” To help investors better understand the current situation is BlackRock’s ( NYSE: BLK) chief investment officer of global fixed income, Rick Rieder. Additionally, the central bank is focusing on further raising interest rates while trimming its almost $9 trillion balance sheet. While this would mark the largest rate hike since May 2000, it would serve to mitigate inflationary pressure on consumers now. For starters, the Federal Reserve is raising the short-term interest rate by 0.50%. By and large, it seems that investors are still digesting the points from Fed Chair Jerome Powell’s latest press conference. stock futures are edging lower heading into Thursday’s trading session. Stock Market Futures Edges Lower Following Latest Fed Policy Update
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