SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Twilio Inc.A (TWLO) on Thursday reported a loss of $45.9 million in its fourth quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 30 cents. Earnings, adjusted for one-time gains and costs, came to $1.33 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The company posted revenue of $1.37 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $1.32 billion.
For the year, the company reported profit of $33.8 million, or 21 cents per share. Revenue was reported as $5.07 billion.
For the current quarter ending in March, Twilio expects its per-share earnings to range from $1.21 to $1.26.
The company said it expects revenue in the range of $1.34 billion to $1.35 billion for the fiscal first 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
/NVIDIA%20Corp%20logo%20on%20phone-by%20Evolf%20via%20Shutterstock.jpg)
/Micron%20Technology%20Inc_%20logo%20on%20building-by%20vzphotos%20vis%20iStock.jpg)
/Tesla%20Inc%20tesla%20by-%20Iv-olga%20via%20Shutterstock.jpg)
/Amazon_com%20Inc_%20storefront%20by-%20%20Markus%20Mainka%20via%20Shutterstock.jpg)