Home / Networking / Twilio's Q3 solid, Q4 outlook weak amid torrid growth rates

Twilio's Q3 solid, Q4 outlook weak amid torrid growth rates


Twilio’s revenue in the third quarter jumped 75% from a year ago as the company had more than 172,000 active customer accounts. But the outlook for the fourth quarter was weaker than expected.

The cloud communications as a service provider reported a net loss of 64 cents a share on revenue of $295.1 million. Non-GAAP earnings were 3 cents a share.

Wall Street was looking for third quarter non-GAAP earnings of a penny a share on revenue of $287.8 million.

Twilio offers a bevy of communications services and its roadmap makes the company more of a customer engagement platform. Twilio in the quarter launched Twilio Conversations, a unified API for multiple communications channels, SendGrid Ads and Media Streams.

For the fourth quarter, Twilio projected revenue between $311 million to $314 million and non-GAAP earnings of a penny a share to 2 cents a share. For the year, Twilio is projecting revenue of about $1.114  billion to $1.117 billion with non-GAAP earnings of 16 cents a share to 17 cents a share.

That guidance was lower than Wall Street was expecting. Analysts were projecting fourth quarter revenue of $322 million and full year sales of $1.117 billion. Twilio’s outlook for non-GAAP earnings fell short of the 7 cents a share expected in the fourth quarter and 17 cents a share for the year. 

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I'm a 50 year old PLC programmer from Burnley, UK. I severed my time as an electrician in the baking industry and soon got involved with the up and coming technology of PLC's. Initially this was all based in the Uk but as the years went by I have gradually worked my way around the globe. At first it was mainly Mitsubishi with a bit of Modicon thrown in but these days the industry leaders seem to be the Allen Bradley range of PLC and HMI’s.

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