Twilio Q1 total revenue up 47% YoY

Twilio Inc. (NYSE: TWLO), a cloud communications platform company, has reported total revenue of USD 87.4m for the first quarter of 2017, up 47% from the first quarter of 2016 and 7% sequentially from the fourth quarter of 2016, the company said.

Base revenue was USD 80.6m for the first quarter of 2017, up 62% from the first quarter of 2016 and 7% sequentially from the fourth quarter of 2016.

GAAP loss from operations of USD 14.8m for the first quarter of 2017, compared with GAAP loss from operations of USD 6.4m for the first quarter of 2016. Non-GAAP loss from operations of USD 3.7m for the first quarter of 2017, compared with non-GAAP loss from operations of USD 3.2m for the first quarter of 2016.

Twilio´s mission is to fuel the future of communications. Developers and businesses use Twilio to make communications relevant and contextual by embedding messaging, voice, and video capabilities directly into their software applications. Founded in 2008, Twilio has over 800 employees, with headquarters in San Francisco and other offices in Bogotá, Dublin, Hong Kong, London, Madrid, Malmö, Mountain View, Munich, New York City, Singapore and Tallinn.