![]() ![]() The non-GAAP operating margin was 10% in the first quarter, up from 1% in the year-ago quarter. Twilio reported a first-quarter non-GAAP operating income of $103.8 million, up from the year-ago quarter’s non-GAAP operating profit of $5 million. However, the non-GAAP gross margin contracted 100 basis points (bps) to 52%. The non-GAAP gross profit climbed 14.3% year over year to $526.1 million. ![]() The company’s active customer accounts increased to 300,000 as of from 290,000 at the end of the fourth quarter of 2022 and 268,000 as of Mar 31, 2022. Twilio’s dollar-based net expansion rate was 106% in the reported quarter, down from 110% in the previous quarter and 127% in the year-ago quarter. The top line was primarily driven by the enhancement of customer experiences across various product portfolios like Segment, Flex and Engage, which are its fastest-growing software-as-a-service products at present. TWLO has been benefiting from the constant expansion of its international business and the continuous acceleration of digital transformation projects across several industries. The figure improved by 15% year over year and surpassed the consensus mark of $999.8 million. The cloud-based communications platform-as-a-service provider reported revenues of $1.01 billion. price-consensus-eps-surprise-chart | Twilio Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |