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Twilio (TWLO) Income Soars 350%, Shares Climb to 4-Year High
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Twilio Inc. (NYSE:TWLO) is one of the 10 Stocks With Remarkable Gains. Twilio saw its share prices hit a new four-year high on Friday, as investors loaded portfolios after net profits more than quadrupled in the first quarter of the year. In intra-day trade, Twilio Inc. (NYSE:TWLO) climbed to its highest price of $184.13 before trimming gains to finish the session just up by 23.83 percent at $183.34 apiece. Photo by Tima Miroshnichenko on Pexels In an updated report during the day, the company said that it grew its net income last quarter by 350 percent to $90 million from only $20 million in the same period last year. Revenues increased by 19.6 percent to $1.4 billion from $1.17 billion year-on-year. “Q1 was a milestone quarter for Twilio, marked by our highest revenue and gross profit growth rates in more than three years,” Twilio Inc. (NYSE:TWLO) CEO Khozema Shipchandler said. “Twilio’s performance is the result of a multi-year, companywide evolution that fundamentally transformed Twilio’s innovation velocity, GTM efficiency, and financial rigor and has led us to become a foundational infrastructure layer in the era of AI,” he noted. While we acknowledge the potential of TWLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.
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