Topic: How To Invest

Power Growth Investor Hotline – Friday, February 19, 2021

Article Excerpt

TWILIO INC., $425.55, symbol TWLO on Nasdaq, is a buy. The company offers a key service to software developers who create mobile apps. Its own software is used to connect apps to essential functions elsewhere on a device, including dealing with phone calls and messaging. In the three months ended December 31, 2020, investors saw revenue jump 65.5%, to $548.1 million from $331.2 million a year earlier. Revenue was higher mostly as a result of sharply increased use of its software for COVID-19-related uses. Those include food delivery, curbside pick-up and retail logistics. Demand also accelerated for remote contact centres, telehealth, distance learning and mass notifications. If you exclude one-time items, the company earned $0.04 a share, in the latest quarter. That was unchanged from a year ago. Twilio keeps adding new users: its active customer accounts increased by 23.5%, to 221,000 from 179,000 a year earlier. The company holds cash of $3.0 billion. Its long-term debt is just $302.1 million. All in all, the…

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