SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Twilio Inc.A (TWLO) on Thursday reported second-quarter earnings of $22.4 million.
On a per-share basis, the San Francisco-based company said it had net income of 14 cents. Earnings, adjusted for one-time gains and costs, came to $1.19 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The company posted revenue of $1.23 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $1.19 billion.
For the current quarter ending in September, Twilio expects its per-share earnings to range from $1.01 to $1.06.
The company said it expects revenue in the range of $1.25 billion for the fiscal third quarter.
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