Twilio: Q2 Earnings Snapshot
SAN FRANCISCO (AP) _ Twilio Inc.A (TWLO) on Thursday reported a loss of $322.8 million in its second quarter.
The San Francisco-based company said it had a loss of $1.77 per share. Losses, adjusted for stock option expense and amortization costs, were 11 cents per share.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The company posted revenue of $943.4 million in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $917.7 million.
For the current quarter ending in October, Twilio expects its results to range from a loss of 43 cents per share to a loss of 37 cents per share.
The company said it expects revenue in the range of $965 million to $975 million for the fiscal third quarter.