
Twilio Inc (NYSE:TWLO) shares are volatile in Wednesday's after-hours session after the company reported better-than-expected financial results but issued an earnings outlook below estimates.
Twilio said first-quarter revenue increased 48% year-over-year to $875.4 million, which beat the $863.59 million estimate, according to data from Benzinga Pro. The company reported flat adjusted earnings, which beat the estimate for a loss of (22) cents per share.