SAN FRANCISCO (AP) _ Twilio Inc.A (TWLO) on Wednesday reported a loss of $221.6 million in its first quarter.
On a per-share basis, the San Francisco-based company said it had a loss of $1.23. Earnings, adjusted for stock option expense and amortization costs, were less than 1 cent on a per-share basis.
The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share.
The company posted revenue of $875.4 million in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $861.6 million.
For the current quarter ending in July, Twilio expects its results to range from a loss of 23 cents per share to a loss of 20 cents per share.
The company said it expects revenue in the range of $912 million to $922 million for the fiscal second quarter.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWLO at https://www.zacks.com/ap/TWLO
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