Twilio Q3 Earnings: EPS Beat, Revenue Up 5%, CustomerAI And More

Twilio Inc TWLO reported third-quarter financial results Wednesday after the close. Here's a look at the key metrics from the quarter. 

Q3 Earnings: Twilio said third-quarter revenue increased 5% year-over-year to $1.03 billion, which beat the consensus estimate of $989.28 million, according to Benzinga Pro. 

The company reported quarterly earnings of 58 cents per share, which beat analyst estimates of 35 cents per share.

Twilio said it had more than 306,000 active customer accounts as of Sept. 30, up from around 280,000 year-over-year. 

The company noted that it has repurchased $620 million in stock from its $1 billion buyback announced in February.

"Twilio had a strong third quarter, delivering another record quarter of non-GAAP income from operations and free cash flow," said Jeff Lawson, co-founder and CEO of Twilio.

"We are building a foundation for profitable growth that enables us to invest in our CustomerAI vision to deliver even more compelling outcomes for our customers and our shareholders in the long-term."

Outlook: Twilio expects fourth-quarter revenue to be between $1.03 billion and $1.04 billion. The company sees fourth-quarter adjusted earnings of 53 cents to 57 cents per share. 

Management will hold a conference call to discuss these results at 5 p.m. ET.

Don't Miss: Twilio Q3 Earnings Preview: A Deep Value AI Play

TWLO Price Action: Twilio shares were up 8.59% after hours at $60.55 at the time of publication, according to Benzinga Pro.

Photo: Web Summit from Flickr.