- General
- August 5, 2020
- 3 minutes read
Brief: Twilio’s Q2 Results
Twilio CEO Jeff Lawson. Photo by John Phillips/Getty Images for TechCrunch, under Creative Commons license Cloud communications company Twilio has…
Twilio CEO Jeff Lawson.
Photo by John Phillips/Getty Images for TechCrunch, under Creative Commons license
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Cloud communications company Twilio has announced its quarterly results for the second quarter of this year, indicating $401 million in revenue, up 46% year-over-year, and $103 million in losses, up nearly 10% year-over-year. During the quarter, Twilio added more than 200,000 active customer accounts and also about 200 employees compared to the previous quarter. The San Francisco-based company also hired its first Chief Information Officer during the quarter.
Forecast
For the next quarter, Twilio is projecting revenues of between $401 million to $406 million.