Twilio’s Q2 earnings per share rose 24% to $1.47, exceeding estimates, as AI tools boosted revenue and outlook.
Twilio’s stock surged 31% after reporting second-quarter earnings and revenue above consensus estimates. The company’s EPS climbed 24% to $1.47 for the June quarter, driven by strong adoption of its voice-based AI product.
The communications software firm also issued a September quarter sales outlook that surpassed expectations. Analysts had anticipated weaker performance, but AI-driven demand and better-than-expected guidance fueled investor optimism.
Markets reacted positively, with the Nasdaq rallying amid broader tech sector strength, while the Dow Jones index faced pressure from a surprise July jobs report.