Cloud communication software maker shares TwilioAfter the release of fourth quarter results and guidance for quarterly revenue, which exceeded expectations, shares rose as high as 29%

The company’s success story is shown below:

• Earnings:According to Refinitiv, analysts expected a loss of 22c per share. Instead, the share lost was 20c.
• Revenue:According to Refinitiv, $842.7 Million is more than $767.8 Million as analysts expected,

The revenue grew by 54% in the past year, as compared to a 65% increase during the third quarter. statement.

Twilio suggested that a adjusted first quarter net loss range from 26 to 22 cents per share for revenue of $855 to $865 millions. Refinitiv polled analysts and expected an adjusted loss in the first quarter of $5 cents per share and $802.9million revenue.

The conference call will be held at 5 pm ET to discuss the results with executives. ET.

This is important breaking news. Stay tuned for new updates.

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