Twilio: Q4 Financial Highlights
Twilio Reports Fourth Quarter Financial Results
Twilio Inc., headquartered in San Francisco, announced a net loss of $45.9 million for its fourth quarter.
The company reported a loss of 30 cents per share. However, after adjusting for certain items, earnings reached $1.33 per share.
These adjusted earnings surpassed analysts’ expectations, as the consensus among eight analysts polled by Zacks Investment Research had predicted earnings of $1.24 per share.
Twilio’s revenue for the quarter was $1.37 billion, exceeding the anticipated $1.32 billion projected by analysts.
For the full year, Twilio recorded a profit of $33.8 million, or 21 cents per share, with total revenue amounting to $5.07 billion.
Looking ahead to the first quarter ending in March, Twilio forecasts earnings per share between $1.21 and $1.26.
The company also projects revenue for the upcoming quarter to fall between $1.34 billion and $1.35 billion.
This article was produced by Automated Insights using information from Zacks Investment Research.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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