Earnings

Twilio (TWLO) earnings Q4 2020

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Jeff Lawson CEO, Twilio

Scott Mlyn | CNBC

Twilio shares rose more than 10% in extended trading on Wednesday after the cloud communications company reported better-than-expected fourth-quarter results, including a surprise adjusted profit.

Here’s how the company did:

  • Earnings: 4 cents per share, adjusted, vs. loss of 8 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $548.1 million, vs. $454.8 million as expected by analysts, according to Refinitiv.

Revenue grew 65% on an annualized basis in the quarter, according to a statement, compared with 52% growth in the prior quarter.

Twilio added 13,000 active customer accounts in the fourth quarter, bringing the total to…



Source cnbc.com

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