Twilio Q3 2020 Earnings Report
Key Takeaways
Twilio's total revenue for Q3 2020 was $448.0 million, a 52% increase year-over-year. The Dollar-Based Net Expansion Rate was 137%, and there were more than 208,000 Active Customer Accounts as of September 30, 2020, up 21% year-over-year.
Total revenue reached $448.0 million, representing a 52% year-over-year increase.
The Dollar-Based Net Expansion Rate was 137% for the third quarter of 2020.
Active Customer Accounts exceeded 208,000 as of September 30, 2020, a 21% increase year-over-year.
A definitive agreement was signed to acquire Segment, a customer data platform.
Twilio
Twilio
Forward Guidance
Twilio is initiating the following guidance for the fourth quarter ending December 31, 2020: Revenue (millions) $450 - $455, Y/Y Growth 36% - 37%, Non-GAAP loss from operations (millions) ($15) - ($10), Non-GAAP loss per share ($0.11) - ($0.08), Non-GAAP basic shares outstanding (millions) 153