What happened
Shares of Twilio (NYSE:TWLO) gained 27.9% in the month of May, according to data from S&P Global Market Intelligence, after the cloud communications platform specialist announced stronger-than-expected quarterly results.
The bulk of Twilio’s gains last month came on May 8, the day after it told investors that first-quarter revenue increased 48% year over year to $129 million, which translated to an adjusted net loss of $0.04 per share. Analysts, on average, were expecting a wider net loss of $0.07 per share on revenue of $116 million.
Image source: Twilio.
So what
Twilio’s active customer accounts also maintained a torrid pace of growth, climbing nearly 33% year over year to 53,985 by the end of the quarter.
“We are honored that a growing list of companies around the world are placing their trust in Twilio,” said Twilio co-founder and CEO Jeff Lawson. “Our first quarter results exhibited broad-based strength across multiple areas of our business, especially with continued expansion with existing customers.”
Top High Tech Stocks To Buy Right Now: Regal Entertainment Group(RGC)
Advisors’ Opinion:
- [By Peter Graham]
In December, UK based Cineworld Group Plc also agreed to buy larger U.S. peer Regal Entertainment Group (NYSE: RGC) for $3.6 billion in cash in a deal to create the world’s second largest movie theatre operator after AMC Entertainment Holdings. The combined entity is expected to be better able to compete AMC.
Top High Tech Stocks To Buy Right Now: Sensata Technologies Holding N.V.(ST)
Advisors’ Opinion:
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Oppenheimer Asset Management Inc. cut its stake in Sensata Technologies Ltd (NYSE:ST) by 15.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,199 shares of the scientific and technical instruments company’s stock after selling 6,012 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Sensata Technologies were worth $1,625,000 at the end of the most recent reporting period.
- [By Logan Wallace]
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- [By Stephan Byrd]
Get a free copy of the Zacks research report on Sensata Technologies (ST)
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- [By Stephan Byrd]
Canaccord Genuity assumed coverage on shares of Sensata Technologies (NYSE:ST) in a note issued to investors on Friday, The Fly reports. The firm set a “buy” rating on the scientific and technical instruments company’s stock.
Top High Tech Stocks To Buy Right Now: CEVA, Inc.(CEVA)
Advisors’ Opinion:
- [By Lisa Levin]
CEVA, Inc. (NASDAQ: CEVA) was down, falling around 12 percent to $30.25 after the company posted weaker-than-expected Q1 profit.
Commodities
- [By Logan Wallace]
CEVA (NASDAQ:CEVA) had its price objective decreased by Roth Capital to $44.00 in a research note released on Wednesday morning. Roth Capital currently has a buy rating on the semiconductor company’s stock.
- [By Shane Hupp]
CEVA, Inc. (NASDAQ:CEVA)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $24.70 and last traded at $24.72, with a volume of 4834 shares traded. The stock had previously closed at $24.81.
- [By Motley Fool Transcribers]
CEVA Inc (NASDAQ:CEVA)Q4 2018 Earnings Conference CallFeb. 13, 2019, 8:30 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Stephan Byrd]
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- [By Max Byerly]
CEVA (NASDAQ:CEVA)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity in a note issued to investors on Tuesday. They currently have a $36.00 target price on the semiconductor company’s stock. Canaccord Genuity’s price objective would suggest a potential upside of 26.09% from the company’s current price.
Top High Tech Stocks To Buy Right Now: B Communications Ltd.(BCOM)
Advisors’ Opinion:
- [By Lisa Levin]
Monday afternoon, the telecommunication services shares climbed 0.69 percent. Meanwhile, top gainers in the sector included B Communications Ltd (NASDAQ: BCOM), up 5 percent, and China Unicom (Hong Kong) Limited (NYSE: CHU), up 3 percent.
Top High Tech Stocks To Buy Right Now: American Software, Inc.(AMSWA)
Advisors’ Opinion:
- [By Motley Fool Staff]
American Software (NASDAQ:AMSWA) Q4 2018 Earnings Conference CallJun. 21, 2018 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Stephan Byrd]
BidaskClub upgraded shares of American Software (NASDAQ:AMSWA) from a hold rating to a buy rating in a research report sent to investors on Monday.
- [By Logan Wallace]
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- [By Stephan Byrd]
American Software (NASDAQ:AMSWA) was downgraded by equities research analysts at TheStreet from a “b-” rating to a “c+” rating in a research note issued to investors on Tuesday.
- [By Stephan Byrd]
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