Twilio reports preliminary Q4 revenue up 11% YoY, positive GAAP operating income, and authorizes $2.0B share repurchase

TWILIO INC

Q4 2024 revenue growth ~11% YoY; expects positive GAAP operating income.
Non-GAAP operating income for Q4 and FY2024 above prior guidance top-end.
Free cash flow for FY2024 within previously provided guidance range.
Board authorized $2.0B share repurchase program, expiring Dec 31, 2027.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

TWILIO INC: The Board adopted the Fourth Amended and Restated Bylaws, eliminating the supermajority voting threshold for stockholder bylaw amendments, updating advance notice provisions, stockholder meeting provisions, board action provisions, and indemnification provisions, among other changes (effective 2025-01-19).

Change: bylaw amendment
Effective: 2025-01-19

Exact text from the filing

On January 19, 2025, the Company’s Board of Directors (the “Board”) approved and adopted amendments to the Third Amended and Restated Bylaws of the Company as set forth in the Fourth Amended and Restated Bylaws of the Company (as so amended and restated, the “Amended and Restated Bylaws”), which became effective upon such approval and adoption.

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TWILIO INC filing history →

Source: SEC EDGAR

accession 0001193125-25-011461

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