Loading...
•
Mar 31, 2023
Twilio Q1 2023 Earnings Report
Reported financial results for the first quarter ended March 31, 2023.
Key Takeaways
Twilio delivered first quarter revenue of $1.007 billion, representing 15% year-over-year growth. The company's operational and organizational changes are beginning to yield results, enabling teams to execute with focus and deliver an accelerated path to meaningful profitability.
First Quarter Revenue of $1.01 Billion, up 15% Year-Over-Year
Organic revenue grew 15% year-over-year.
Surpassed 300,000 Active Customer Accounts in the First Quarter
First quarter non-GAAP income from operations is a strong signal of ability to operate profitably.
Twilio
Twilio
Forward Guidance
Twilio is initiating guidance for the second quarter ending June 30, 2023 and raising the low end of its non-GAAP income from operations range for fiscal year 2023.
Positive Outlook
- Q2 FY23 Revenue (millions): $980 - $990
- Q2 FY23 Y/Y Growth: 4% - 5%
- Q2 FY23 Non-GAAP income from operations (millions): $65 - $75
- Q2 FY23 Non-GAAP diluted earnings per share: $0.27 - $0.31
- Q2 FY23 Non-GAAP weighted average diluted shares outstanding (millions): 186