Twilio Announces First Quarter 2020 Results
Summary
SAN FRANCISCO--(BUSINESS WIRE)--Twilio (NYSE: TWLO), the leading cloud communications platform, today reported financial results for its first quarter ended March 31, 2020. “ Our platform provides three things the world needs right now: digital engagement, software agility and cloud scale.” Twilio is initiating guidance for the second quarter ending June 30, 2020. By making communications a part of every software developers toolkit, Twilio is enabling innovators across every industry — from emerging leaders to the world’s largest organizations — to reinvent how companies engage with their customers. Twilio believes that the number of Active Customer Accounts is an important indicator of the growth of its business, the market acceptance of its platform and future revenue trends. Twilio believes that measuring Dollar-Based Net Expansion Rate provides a more meaningful indication of the performance of the Company’s efforts to increase revenue from existing customers.
Classifications
AskAI Classifications
LabelsLinked Companies
