Twilio (TWLO) stock has surged 30% to a new all-time high after the cloud communications company delivered a strong Q2 report.
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Atlassian, Twilio, JFrog, and Cloudflare surged after earnings, fueling hopes that software investors are rewarding fundamentals again.
Twilio raised its annual forecasts after organic growth accelerated and quarterly free cash flow reached $353 million.
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Twilio Inc. (NYSE:TWLO) shares surged 16.
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Investing.com -- Twilio Inc (NYSE:TWLO) shares surged 16.5% in after-hours trading Thursday after the customer engagement infrastructure company reported second quarter results that exceeded analyst expectations and issued guidance well above consensus estimates.
Twilio stock jumped amid Q2 earnings and revenue that topped estimates while September quarter sales guidance came in above views.
After gapping up to a 23% one-day gain on earnings, Twilio has pulled back to offer up a new potential buy point.