Shares of Twilio Inc. TWLO, -2.28% were up 10% in after-hours trading Wednesday after the software company reported fiscal fourth-quarter results. Twilio reported a net loss of $179.4 million, or $1.13 a share, compared with a net loss of $90.25 million, or 66 cents a share, in the year-ago quarter. Twilio announced adjusted earnings of 4 cents a share. Revenue climbed 65% to $548.1 million from $331.2 million a year ago. “The pandemic definitely accelerated secular trends, such as health care becoming more digital,” Twilio Chief Financial Officer Khozema Shipchandler told MarketWatch. Gains in financial services contracts, such as new customer JPMorgan Chase & Co. JPM, +0.31%, also bolstered Twilio’s quarterly performance, he added. Analysts surveyed by FactSet had expected a loss of 8 cents a share on revenue of $455 million. Twilio shares have soared 221% over the last 12 months. The broader S&P 500 index SPX, -0.03% has improved 16% in the last year.
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