Twilio Raises Full-Year Revenue Forecast Amid AI-Driven Demand, Shares Rise 18%
Twilio raised its full-year revenue growth forecast to between 14% and 15%, citing strong demand for its cloud communications tools driven by customer engagement and AI adoption. The company reported first-quarter results that exceeded expectations with $1.41 billion in revenue, up from $1.34 billion estimated by Wall Street.
Tickers: $TWLO
Topics: AI cloud communications revenue growth stock price movement