secwatch.observer — SEC 8-K summary
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Issuer:     TWILIO INC (TWLO)
CIK:        0001447669
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001447669-24-000015
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twilio Q4 revenue $1.08B (+5% YoY); GAAP loss $362M; CEO replaced; Segment impairment $286M
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- Q4 revenue $1.08B (+5% reported, +8% organic); full-year revenue $4.15B (+9% reported, +10% organic).
- Q4 GAAP loss from operations $361.7M vs $218.6M YoY; non-GAAP income from operations $172.6M vs $32.9M YoY.
- Q4 non-GAAP diluted EPS $0.86 vs $0.22 YoY; full-year non-GAAP diluted EPS $2.45 vs ($0.15) YoY.
- CEO Jeff Lawson resigned Jan 7, 2024; replaced by President Khozema Shipchandler as CEO and board member.
- Segment unit undergoing operational review; recorded $285.7M impairment on intangible assets; Q1 guidance rev $1.025-1.035B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1447669/000144766924000015/0001447669-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1447669/000144766924000015/twlo-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001447669-24-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer