Twilio Inc. (NYSE: TWLO) Q3 2020 earnings call dated Oct. 26, 2020
Earnings: Twilio (TWLO) reports surprise profit for Q3; revenues beat. Twilio Inc. (NASDAQ: TWLO) reported higher earnings for the third quarter of 2020, contrary to expectations for a loss. The bottom-line benefitted from a 52% growth in revenues, which also topped the Street view. The company’s stock dropped on Monday evening, immediately after the announcement. The cloud communications platform reported adjusted earnings of $0.04 per share for the September-quarter, compared to $0.03 per share in the same period of last year. Analysts had forecast a loss for the latest quarter. On a reported basis, it was a net loss of $116.9 million or $0.79 per share, compared to last year’s loss of $87.7 million or $0.64 per share.
Andrew Zilli — Vice President of Investor Relations and Treasurer
Jeff Lawson — Founder, Chief Executive Officer, & Chairman
George Hu — Chief Operating Officer
Khozema Shipchandler — Chief Financial Officer
Meta Marshall — Morgan Stanley — Analyst
Nikolay Beliov — Bank of America — Analyst
Michael Turrin — Wells Fargo — Analyst
Matt Stotler — William Blair — Analyst
Derrick Wood — Cowen & Company — Analyst
Alex Kurtz — KeyBanc — Analyst
Rishi Jaluria — D.A. Davidson & Company — Analyst
Ittai Kidron — Oppenheimer & Company — Analyst
Alex Zukin — RBC — Analyst
Brent Bracelin — Piper Sandler — Analyst
Mark Murphy — JPMorgan — Analyst
Will Power — Baird — Analyst
Siti Panigrahi — Mizuho — Analyst
