Twilio stock fell in after-hours trading Tuesday as its 2019 profit outlook missed estimates, including the recent SendGrid acquisition. Twilio earnings for the fourth quarter, reported after the close, were in line as revenue beat analyst estimates.
The maker of communications software said adjusted earnings were 4 cents a share, swinging to a profit from a year ago, with revenue rising 77% to $204.3 million. A year earlier, Twilio (TWLO) reported a 3-cent loss per share on sales of $115.2 million.
Analysts expected Twilio earnings of 4 cents on sales of $185 million for the period ended Dec. 31. Twilio stock fell 3.3% to 111.53 in after-hours trading on the stock market today.