Twilio retains Segment, sets profitability targets, expands buyback by $2B

TWILIO INC

Segment to be retained; operational review concludes retention expected to create most shareholder value.
Appoints Thomas Wyatt as President of Segment effective March 11, 2024.
FY2024 targets: organic revenue growth 5-10%; non-GAAP income from operations $550M-$600M.
Aims for GAAP operating profitability by Q4 2025; Segment break-even (non-GAAP) by Q2 2025.
Board authorized additional $2B share repurchase (total ~$2.2B); targeted completion by end of 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.