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Twilio Inc (NYSE:TWLO) reported first-quarter financial results after the market close on Thursday. Here’s a rundown of the report.
- Twilio stock is trending after earnings. What’s behind TWLO gains?
Twilio Q1 Key Details
Twilio turned in first-quarter revenue of $1.41 billion, beating analyst estimates of $1.34 billion, according to Benzinga Pro. The company reported adjusted earnings of $1.50 per share for the quarter, beating estimates of $1.27 per share.
“Q1 was a milestone quarter for Twilio, marked by our highest revenue and gross profit growth rates in more than three years,” said Khozema Shipchandler, CEO of Twilio.
Total revenue was up 20% year-over-year. Twilio generated …
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