10 Firms Defy Market Pessimism

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2. Twilio Inc. (NYSE:TWLO)

American communications cloud company Twilio Inc. grew its share prices by more than 22 percent on Friday to close at $136.23 apiece as investors snapped up shares following a projected improvement in its fourth-quarter earnings performance.

In a regulatory filing late Thursday, Twilio said it expects to report sales growth of 11% percent year-on-year when it publishes full results next month.

Meanwhile, analysts are expecting the company to post $1.16 billion in sales, or higher by 10 percent compared with last year.

The company also said it expects non-GAAP income from operations for the fourth quarter of 2024 and fiscal year 2024 to be above the top-end of the guidance ranges provided in late October.

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