Twilio: Q3 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Twilio Inc.A (TWLO) on Thursday reported third-quarter net income of $161.2 million.

The San Francisco-based company said it had profit of $1 per share. Earnings, adjusted for one-time gains and costs, came to $1.65 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.

The company posted revenue of $1.56 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $1.51 billion.

For the current quarter ending in December, Twilio expects its per-share earnings to range from $1.48 to $1.53.

The company said it expects revenue in the range of $1.6 billion to $1.61 billion for the fiscal fourth quarter.

_____

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