Twilio Forecasts Q4 Organic Revenue Growth of 11% to 12%

Twilio expects organic revenue growth to slow to 11% to 12% in the fourth quarter from 16% in the third, even as the company raised its full-year organic revenue growth outlook to 15% after reporting 20% year-over-year revenue growth for the latest quarter. Revenue reached $1.56 billion in the quarter ended Sept. 30. Twilio posted diluted earnings per share of $1.65 on a non-GAAP basis and $1.00 under generally accepted accounting principles. For the quarter ending Dec. 31, the company forecast revenue of $1.595 billion to $1.605 billion.

Source: TokenPost