Tech

Cloud provider Twilio spikes on Q4 revenue growth

Key Points
  • Twilio reported a non-GAAP loss of 19 cents per share, on total revenue of $115.2 million for the December quarter.
  • The cloud provider also announced its CFO of nearly six years, Lee Kirkpatrick, is leaving.
  • Shares climbed above $30, up more than 30 percent year to date.
Jeff Lawson
Abigail Stevenson | CNBC

Cloud provider Twilio spiked as much as 21 percent Wednesday, a day after reporting year-over-year revenue growth of 41 percent for the fourth quarter.

The company reported a non-GAAP loss of 19 cents per share, on total revenue of $115.2 million for the December quarter, on Tuesday evening.

The company issued revenue guidance of $115 million to $117 million for the first quarter and of $506 million to $514 million for the full year of 2018.

Twilio also announced its CFO of nearly six years, Lee Kirkpatrick, is leaving.

Shares climbed above $30, up more than 30 percent year to date.

--Reuters contributed to this report.

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