Twilio (TWLO) Tops Q1 EPS by 3c; Guides Above Views

Twilio (NYSE: TWLO) reported Q1 EPS of ($0.04), $0.03 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $129.1 million versus the consensus estimate of $115.95 million.

“We are honored that a growing list of companies around the world are placing their trust in Twilio. Our first quarter results exhibited broad-based strength across multiple areas of our business, especially with continued expansion with existing customers,” said Jeff Lawson, Twilio’s Co-Founder and Chief Executive Officer. “Our continued devotion to innovation was highlighted by the launch of Twilio Flex - the first fully programmable cloud contact center application platform.”

GUIDANCE:

Twilio sees Q2 2018 EPS of ($0.06)-($0.05), versus the consensus of ($0.06). Twilio sees Q2 2018 revenue of $129-131 million, versus the consensus of $123.2 million.

Twilio sees FY2018 EPS of ($0.10)-($0.07), versus the consensus of ($0.12). Twilio sees FY2018 revenue of $538-544 million, versus the consensus of $511.9 million.

For earnings history and earnings-related data on Twilio (TWLO) click here.

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