⁍ Shares of the cloud communications platform provider climbed about 10% in extended trade.
⁍ Total revenue for the three months ended Sept. 30 is expected to be above an earlier forecast of $401 million to $406 million.
⁍ Analysts expect Twilio to report revenue of $407.9 million.
– Shares of TWilio jumped more than 10% in after-hours trading Thursday after the cloud communications platform provider reported stronger-than-expected third-quarter revenue, per Reuters. The company said it expects revenue to be between $401 million and $406 million for the quarter, up from its previous forecast of $401 million to $406 million. Analysts had expected $407.9 million.
Source: https://www.reuters.com/article/us-twilio-outlook/twilio-sees-third-quarter-sales-above-its-forecast-on-remote-work-boost-idUSKBN26M7GB