The company said revenue for Q1 2024 (ended March 31) was $1.05 billion, up 4% year-over-year on a reported basis and 7% on an organic basis. Divestiture revenue of $28.0 million was excluded from the denominator of the organic growth calculation.

1. 01

   The company said revenue for Q1 2024 (ended March 31) was $1.05 billion, up 4% year-over-year on a reported basis and 7% on an organic basis. Divestiture revenue of $28.0 million was excluded from the denominator of the organic growth calculation.

2. 02

   Twilio said GAAP loss from operations for Q1 was $43.5 million, compared with $264.1 million a year earlier, and non-GAAP income from operations was $159.6 million, compared with $103.8 million a year earlier.

3. 03

   The company said net cash provided by operating activities for Q1 was $190.1 million and free cash flow was $177.3 million. In the year-earlier period, net cash used in operating activities was $97.9 million and free cash flow was $(114.5) million.

4. 04

   Twilio said its board approved an additional $2.0 billion in share repurchases in March 2024, that it has completed about $1.5 billion of repurchases to date, and that it is targeting to complete the remaining $1.5 billion before the end of 2024. The company also said it raised its full-year non-GAAP income from operations outlook to $585 to $635 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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