Summary by Futu AI
On October 30, 2024, Twilio Inc., a Delaware-incorporated company listed on the New York Stock Exchange under the symbol TWLO, reported its financial results for the third quarter ending September 30, 2024. The company announced a revenue increase of 10% year-over-year to $1.134 billion. Twilio's GAAP Loss from Operations showed significant improvement, with a reduction to $5 million compared to the previous year's $108.9 million. Non-GAAP Income from Operations was reported at $182 million, with the company raising its full-year guidance to between $700 and $710 million. The company also reported a Non-GAAP net income per share of $1.02, up from $0.58 in the third quarter of 2023. Active Customer Accounts increased to more than 320,000 from the previous year's 306,000, and the Dollar-Based Net Expansion...Show More