Twilio (TWLO) Q3 Results Has Bulls Riled Up Despite Flat Stock Action, One Analyst Sees Revenues Heading to $5B by 2024

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Twilio Announces Third Quarter 2020 Results

October 26, 2020 4:05 PM EDT

Third Quarter Total Revenue of $448.0 million, up 52%Year-Over-Year Third Quarter Total Revenue Dollar-Based Net Expansion Rate of 137%

SAN FRANCISCO--(BUSINESS WIRE)-- Twilio (NYSE: TWLO), the leading cloud communications platform, today reported financial results for its third quarter ended September 30, 2020.

Great digital engagement is becoming more critical to differentiate the customer experience, and companies across industries and around the world are choosing Twilio's customer engagement platform to build these solutions, said Jeff Lawson, Twilios co-founder and CEO. Our performance in the third quarter is further evidence that... More