By Sabela Ojea

Shares of Twilio fell a day after the company's adjusted earnings for the fourth quarter and outlook for the first quarter missed Wall Street expectations.

The stock was down 13%, to $127.74, in midday Friday trading. Shares have jumped 18% year to date, and have more than doubled over the past 12 months.

The San Francisco communication-tools provider posted a quarterly net loss of $12.5 million, or 8 cents a share, compared with a loss of $365.4 million, or $2.01 a share, for the same period a year earlier.

Stripping out certain one-time items, the company's earnings per share came in at $1 a share. Analysts polled by FactSet had forecast adjusted earnings of $1.03 a share.

Revenue rose 11%, to $1.19 billion, slightly above the $1.18 billion analysts expected.

For the first quarter, Twilio guided for revenue between $1.13 billion and $1.14 billion. Analysts expect $1.14 billion.

The company also guided for adjusted earnings per share between 88 cents and 93 cents, missing the 95 cents per share expected by Wall Street.

For the full year, Twilio expects organic revenue to grow 7% to 8%.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

February 14, 2025 14:30 ET (19:30 GMT)

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