Twilio Announces First Quarter 2018 Results

https://www.businesswire.com/news/home/20180508006508/en/Twi…

First Quarter 2018 Financial Highlights
• Total revenue of $129.1 million for the first quarter of 2018, up 48% from the first quarter of 2017 and 12% sequentially from the fourth quarter of 2017.
• Base revenue of $117.5 million for the first quarter of 2018, up 46% from the first quarter of 2017 and 12% sequentially from the fourth quarter of 2017.
• GAAP loss from operations of $24.3 million for the first quarter of 2018, compared with GAAP loss from operations of $14.8 million for the first quarter of 2017. Non-GAAP loss from operations of $4.7 million for the first quarter of 2018, compared with non-GAAP loss from operations of $3.7 million for the first quarter of 2017.
• GAAP net loss per share attributable to common stockholders of $0.25 based on 94.7 million weighted average shares outstanding in the first quarter of 2018, compared with GAAP net loss per share attributable to common stockholders of $0.16 based on 88.6 million weighted average shares outstanding in the first quarter of 2017.
• Non-GAAP net loss per share attributable to common stockholders of $0.04 based on 94.7 million weighted average shares outstanding in the first quarter of 2018, compared with non-GAAP net loss per share attributable to common stockholders of $0.04 based on 88.6 million weighted average shares outstanding in the first quarter of 2017.

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Trading up 7% after hours.

Growth rates are impressive to my inexperienced eye.

They appear to growing their ability to lose money as fast or faster than their revenue.

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