Twilio Achieves First GAAP Profit, Boosting Investor Confidence

Published 2 hours agoTWLO

Twilio Achieves First GAAP Profit, Boosting Investor Confidence

Twilio's recent financial performance has caught the attention of market analysts, following its announcement of the first-ever GAAP operating profitability in its Q4 2024 results. According to Nasdaq, the company reported a GAAP income of $14 million for the quarter, marking a significant milestone. Analysts have responded positively to this achievement, as it underscores Twilio's effective cost management and operational efficiency.

Supporting this optimistic outlook, Twilio revealed a solid revenue growth path. The company reported $1.19 billion revenue for the fourth quarter, an 11% increase from the previous year. In its full-year results, Twilio's revenue reached $4.46 billion, reflecting a 7% reported and 9% organic year-over-year growth. Additionally, active customer accounts surpassed 325,000, improving from 305,000 during the same period last year, highlighting an expansion in the company's customer base.

The company's strategic moves have also included a new share repurchase program authorized for up to $2.0 billion, set to run through December 31, 2027. This initiative aims to enhance shareholder value and confidence. Furthermore, Marketbeat noted the 'Moderate Buy' consensus rating from analysts, with a projected average price target of $134.26, suggesting a potential upside of around 35.75%. These positive developments have contributed to an overall bullish sentiment towards Twilio's future in the market.

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