Twilio reports Q3 EPS $1.02, consensus 85c

Reports Q3 revenue $1.13B, consensus $1.09B. Reports Q3: “More than 320,000 Active Customer Accounts as of September 30, 2024, compared to more than 306,000 Active Customer Accounts as of September 30, 2023. Dollar-Based Net Expansion Rate of 105% for the third quarter of 2024 compared to Dollar-Based Net Expansion Rate of 101% for the third quarter of 2023.” “Twilio (TWLO) continues to operate with financial discipline, operating rigor, and focused innovation, which has enabled us to deliver a strong third quarter of double-digit revenue growth and solid free cash flow generation,” said Khozema Shipchandler, CEO of Twilio. “Twilio is uniquely positioned to bring the power of communications, plus contextual data, plus AI together to drive better customer experiences. Our continued product innovation and the outsized outcomes that we are delivering for customers illustrates our ability to be a winner in the age of AI.”