Twilio quarterly revenue jumps 70 percent

Clovis reported a net loss of $129.3 million, or ($3.37) per share, for the second quarter of 2016 and $212.7 million or ($5.54) per share for the first half of 2016.

GAAP loss from operations of $10.9 million for the second quarter of 2016, compared with GAAP loss from operations of $9.5 million for the second quarter of 2015.

On a per share basis, its loss fell to 45 cents per share from 52 cents per share due a sharp rise in the count of the company’s outstanding shares. For the full year 2016, total revenue is expected to be $235 to $257 million and non-GAAP net loss per share to be $0.28 to $0.30 per share. At June 30, active customer accounts totaled 30,780, up from 21,226 a year earlier.

Dollar-Based Net Expansion Rate was 164% for the second quarter of 2016, compared to 149% for the second quarter of 2015. Its performance was commendable during the period, since it successfully completed the integration with Facebook Messenger to become a featured partner.

Welcomed Erin Reilly to our management team as the Executive Director of Twilio.org, and Erika Rottenberg to our Board of Directors. The Firm enables developers to build, scale and operate real-time communications within software applications.

Introduced Twilio Programmable Wireless, the first communications platform designed for developers and businesses to easily program cellular connectivity.

During a slow market for initial public offerings in general and technology IPOs in particular, Twilio’s strong debut in June was hailed as a sign of hope. Also, the company announced its new relationship with Amazon Web Services to deliver SMS messages for AWS’s Simple Notification Service. The company has a market cap of $3.62 billion and the numbers of outstanding shares have been calculated to be 82.20 million shares. The stock traded in the price range of $40.58 – $42.92 for the last trading session.

The stock of Twilio Incorporated (NYSE:TWLO) registered an increase of 129.65% in short interest. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 47.62%.

Shares of Verizon Communications Inc. The company has Average True Range (ATR 14) of 2.72.

Twilio, Inc. (TWLO) recently recorded 1.2 percent change and now at $43.01 is 81.78 percent away from its 52-week low and down -4 percent versus its peak.

Clovis Oncology, Inc. (NASDAQ:CLVS) had $378.5 million in cash, cash equivalents and available-for-sale securities as of June 30, 2016. Company net profit margin stands at -19.00% whereas its return on equity (ROE) is 31.80%.