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Why Twilio Stock Exploded Higher on Friday


Twilio (NYSE: TWLO) stock rocketed 18.5% through 11:40 a.m. ET Friday after the communications software company reported a big earnings beat last night.

Analysts only expected Twilio to earn $1.07 per share on $1.25 billion in revenue in Q3, but Twilio reported $1.25 per share in profit instead, and sales of $1.3 billion.

Image source: Getty Images.

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Source Fool.com

Twilio Inc Stock

€112.74
0.820%
The Twilio Inc stock is trending slightly upwards today, with an increase of €0.92 (0.820%) compared to yesterday's price.
With 47 Buy predictions and 3 Sell predictions Twilio Inc is one of the favorites of our community.
With a target price of 126 € there is a slightly positive potential of 11.76% for Twilio Inc compared to the current price of 112.74 €.
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