SAN FRANCISCO (AP) 鈥� SAN FRANCISCO (AP) 鈥� Twilio Inc.A (TWLO) on Thursday reported second-quarter profit of $1.07 billion.
On a per-share basis, the San Francisco-based company said it had profit of $6.68. Earnings, adjusted for one-time gains and costs, came to $1.47 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.
The company posted revenue of $1.5 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $1.42 billion.
For the current quarter ending in September, Twilio expects its per-share earnings to range from $1.42 to $1.47.
The company said it expects revenue in the range of $1.51 billion to $1.52 billion for the fiscal third quarter.
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