Million

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Twilio Inc’s stock price is currently trading at the price of $61.35 with a -1.46 price drop in the last 24 hours.</a> </li> 
 <li> <span>2</span> <a>The Q1 result of Twilio Inc stock is looking fascinating and giving a positive outlook about 2023.</a> </li> 
</ul> 
<p>Twilio Inc provides a cloud-based platform allowing developers to create, manage, and deliver communications within their software applications. The company has its headquarters in San Francisco, California, and operates globally. Twilio Inc is listed on the New York Stock Exchange (NYSE) with the ticker symbol TWLO.</p> 
<h2 class="wp-block-heading" id="strong-twilio-inc-stock-financial-analysis-strong"><strong>Twilio Inc Stock&nbsp; – Financial Analysis</strong>.</h2> 
<p>Twilio (NYSE: TWLO), the platform that enables real-time, personalized customer engagement for the world’s leading brands, today announced its financial results for the first quarter that ended on March 31, 2023.</p> 
<p>First Quarter Revenue Reached $1.01 Billion, Growing 15% Year-Over-Year. Active Customer Accounts Exceeded 300,000 in the First Quarter. The first quarter revenue of 2023 was $1.01 Billion, a 15% increase from the same period last year. Organic revenue also grew 15% year-over-year.</p> 
<p>The first quarter GAAP operating loss was $264.1 Million, compared to $217.8 Million in the first quarter of 2022. This includes $121.9 Million in severance and other costs related to the restructuring in February and $21.8 Million in lease impairment charges due to office closures.</p> 
<p>The company reported a significant improvement in its non-GAAP operating income, which rose from $5.0 Million in the first quarter of 2022 to $103.8 Million in the first quarter of 2023. However, the company also recorded a higher GAAP net loss per share attributable to common stockholders, both basic and diluted, of $1.84 in the first quarter of 2023, compared to $1.23 in the same period last year. This was based on 186.4 Million and 180.9 Million weighted average shares outstanding.</p> 
<p>Twilio Inc achieved a positive non-GAAP net income per share attributable to common stockholders, diluted, of $0.47 in the first quarter of 2023, compared to zero in the first quarter of 2022. This was based on 188.7 Million and 184.5 Million non-GAAP weighted average shares outstanding, respectively.</p> 
<h3 class="wp-block-heading" id="strong-twilio-incstock-stock-technical-analysis-strong"><strong>Twilio IncStock Stock Technical Analysis</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="464" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/07/Twilio-IncStock-Stock-Technical-Analysis-1024x464.webp" alt="Twilio IncStock Stock Technical Analysis" class="wp-image-154084" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/07/Twilio-IncStock-Stock-Technical-Analysis-1024x464.webp 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/07/Twilio-IncStock-Stock-Technical-Analysis-300x136.webp 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/07/Twilio-IncStock-Stock-Technical-Analysis-768x348.webp 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/07/Twilio-IncStock-Stock-Technical-Analysis-750x340.webp 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/07/Twilio-IncStock-Stock-Technical-Analysis-1140x517.webp 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/07/Twilio-IncStock-Stock-Technical-Analysis.webp 1273w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: TWLO Tradingview 
  </figcaption> 
 </figure> 
</div> 
<p>Twilio’s Inc stock price trend is undecided because the stock price is trading below the 50-day simple moving average (SMA) but above the 200-day simple moving average (SMA), indicating bullish momentum. The moving average convergence divergence (MACD) indicator is above the zero line, and the signal line has crossed below the MACD line, suggesting a possible bearish reversal. The relative strength index (RSI) is in negative territory, and it is declining, indicating a loss of bullish strength.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/07/23/twilio-stock-fell-7-will-twlo-stock-bounce-back-from-60-00/" rel="noopener noreferrer nofollow">TWLO stock</a> reported good results for the third quarter, with strong growth. The company also has a good outlook for 2023. When we go to the technical aspect, the share trend is undecided because it is taking support on the 200-moving average.&nbsp; The major indicators like RSI, MACD, and moving averages are negative about the stock.</p> 
<h5 class="wp-block-heading"><strong>Technical Levels</strong></h5> 
<ul> 
 <li><strong>Support Level – </strong>The current support level is $58.11.</li> 
 <li><strong>Resistance Level – </strong>The current resistance level is $70.15.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>This article is only for information and education purposes. Do not use this information as financial or trading advice. Trading and investing have financial risks. Before making any investment or trading decision, please think about your risk tolerance and situation.</p>

Twilio Inc (TWLO) Stock Price & Financial Analysis 2023

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