By Emon Reiser
Twilio swung to a profit and accelerated its first-quarter revenue growth as its customer count increased.
The San Francisco-based communication-tools provider posted a profit of $20 million, or 12 cents, compared with a loss of $55.3 million, or 31 cents a share, a year earlier.
Stripping out certain one-time items, the company posted an adjusted profit of $1.14 a share, beating the 96 cents a share expected by analysts surveyed by FactSet.
Revenue rose 12% to $1.17 billion, beating the $1.14 billion analysts expected. The company reported revenue of $1.05 billion in the year-ago quarter.
Active customer accounts increased to more than 335,000 from 313,000 a year ago.
For the second quarter, Twilio guided for revenue of $1.18 billion to $1.19 billion. Analysts expect $1.17 billion. It forecasts adjusted earnings per share of 99 cents to $1.04. Analysts expect $1.04
For the full year, the company raised its organic revenue target to between 7.5% and 8.5% growth.
Write to Emon Reiser at emon.reiser@wsj.com
(END) Dow Jones Newswires
May 01, 2025 16:52 ET (20:52 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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