Twilio Reports Q1 Earnings Beat and Provides Q2 Outlook, Shares Up 3%
2022.05.05 00:01
Twilio Reports Q1 Earnings Beat and Provides Q2 Outlook, Shares Up 3%
Twilio (NYSE:TWLO) shares were trading around 3% higher after-hours Wednesday following the company’s reported Q1 results, with EPS coming in at $0.00, beating the consensus estimate of ($0.22). Revenue grew 48% year-over-year to $875.4 million, compared to the consensus estimate of $863.59 million. Organic revenue was up 35% year-over-year.
The company ended Q1 with 268,000 active customer accounts, compared to 235,000 active customer accounts in the same quarter last year.
The company provided its Q2/22 outlook, expecting EPS in the range of ($0.23)-($0.20), compared to the consensus of ($0.13), and revenue in the range of $912-922 million, compared to the consensus of $916.04 million.
Shares of Twilio were down 55% year-to-date into the earnings print.
By Davit Kirakosyan
