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Twilio says its revenue came in 65% higher in the fiscal fourth quarter.

souhaib by souhaib
February 17, 2021
Reading Time: 2 mins read
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Twilio Inc. (NYSE: TWLO) published its earnings report for the fiscal fourth quarter on Wednesday that came in better than what analysts had anticipated amidst the ongoing Coronavirus pandemic that has so far infected more than 28 million people in the United States and caused over half a million deaths.

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Twilio shares jumped more than 10% in after-hours trading on Wednesday. Including the price action, the stock is now exchanging hands at £331.70 per share. In comparison, it was trading at a sharply lower £51.75 per share in March 2020 when the COVID-19 crisis wreaked havoc on the global financial markets. The price action should come in handy if you are interested in investing in the stock market.

Twilio’s Q4 financial results versus analysts’ estimates


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Twilio said that it concluded the fourth quarter with £129.38 million of net loss that translates to 81 pence per share. In the comparable quarter of last year, it had posted a significantly lower £65.09 million of net loss or 47.60 pence per share.

On an adjusted basis, the cloud communications platform earned 2.88 pence per share. Twilio reported £395.29 million of revenue in Q4 that represents a 65% annualised growth. Last week, JP Morgan raised its price target on Twilio’s stock and upgraded it from ‘Neutral’ to ‘Overweight’.

According to FactSet, experts had forecast the company to record £328.15 million of revenue in the recent quarter. They had estimated Twilio to note 5.77 pence of loss per share in Q4. In the prior quarter (Q3), the American company said that its revenue jumped 52% to £344.03 million.

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Twilio’s guidance for the fiscal first quarter

For the fiscal first quarter, Twilio now forecasts its revenue to fall in the range of £379.35 million to £386.57 million. Its estimate for non-GAAP loss from operations in Q1 stands at up to £14.42 million.

Twilio also said on Wednesday that its revenue in fiscal 2020 as a whole came in at £1.27 billion – a 55% increase from the previous financial year. The San Francisco-based company registered £25.75 million of non-GAAP full-year income from operations versus £1.30 million of loss last year.

Twilio performed massively upbeat in the stock market last year with an annual gain of more than 225%. At the time of writing, the American cloud communications platform as a service is valued at £44.82 billion.



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