Twilio: Q3 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Twilio Inc.A (TWLO) on Wednesday reported a loss of $9.7 million in its third quarter.

The San Francisco-based company said it had a loss of 6 cents per share. Earnings, adjusted for one-time gains and costs, were $1.02 per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

The company posted revenue of $1.13 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $1.09 billion.

For the current quarter ending in December, Twilio expects its per-share earnings to range from 95 cents to $1.

The company said it expects revenue in the range of $1.15 billion to $1.16 billion for the fiscal fourth quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWLO at https://www.zacks.com/ap/TWLO

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