Topic: How To Invest

Power Growth Investor Hotline – Friday, February 11, 2022

Article Excerpt

TWILIO INC., $190.88, symbol TWLO on Nasdaq, is a buy. The company offers a key service to software developers who create mobile apps. Specifically, its own software is used to connect apps to essential functions elsewhere on a device, including dealing with phone calls and messaging. The stock soared almost 20% after the company reported strong results in the latest quarter. In the quarter ended December 31, 2021, revenue jumped 53.8%, to $842.7 million from $548.1 million. The company continues to add to its client base, with a growing emphasis on markets outside of North America; it now has 256,000 active customer accounts (up 15.8% from 221,000 a year ago). Twilio lost $0.20 a share in the latest quarter—compared to its year-earlier $0.04 profit. Expenses rose as it continued to invest in client acquisition and retention. Still, the consensus estimate had been for a loss of $0.21. The company holds cash of $5.4 billion. Its long-term debt is just $985.9 million. All in all, Twilio’s…