Twilio: Q4 Earnings Snapshot

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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Twilio Inc.A (TWLO) on Wednesday reported a loss of $365.4 million in its fourth quarter.

The San Francisco-based company said it had a loss of $2.01 per share. Earnings, adjusted for asset impairment costs and stock option expense, were 86 cents per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The company posted revenue of $1.08 billion in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $1.04 billion.

For the year, the company reported a loss of $1.02 billion, or $5.54 per share. Revenue was reported as $4.15 billion.

For the current quarter ending in March, Twilio expects its per-share earnings to range from 56 cents to 60 cents.

The company said it expects revenue in the range of $1.02 billion to $1.03 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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