SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Twilio Inc.A (TWLO) on Thursday reported a loss of $45.9 million in its fourth quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 30 cents. Earnings, adjusted for one-time gains and costs, came to $1.33 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The company posted revenue of $1.37 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $1.32 billion.
For the year, the company reported profit of $33.8 million, or 21 cents per share. Revenue was reported as $5.07 billion.
For the current quarter ending in March, Twilio expects its per-share earnings to range from $1.21 to $1.26.
The company said it expects revenue in the range of $1.34 billion to $1.35 billion for the fiscal first 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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