Twilio (TWLO) Tops Q1 EPS by 17c, Revs Beat; Issues Solid Outlook

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Twilio Announces First Quarter 2020 Results

May 6, 2020 4:05 PM EDT

First Quarter Total Revenue of $364.9 million, up 57% Year-Over-Year First Quarter Total Revenue Dollar-Based Net Expansion Rate of 143%

SAN FRANCISCO--(BUSINESS WIRE)-- Twilio (NYSE: TWLO), the leading cloud communications platform, today reported financial results for its first quarter ended March 31, 2020.

We delivered strong first quarter revenue growth of 57% year-over-year, as customers across industries turned to Twilios customer engagement platform to accelerate their digital transformation efforts, said Jeff Lawson, Twilios co-founder and CEO. Our platform provides three things the world needs right now: digital engagement, software agility and... More