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Twilio beats earnings expectations, sees further revenue growth in first quarter

Twilio beats earnings expectations, sees further revenue growth in first quarter

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Twilio Inc (NYSE:TWLO), a San-Francisco based cloud communications platform, saw its shares jumped as much as 28% after fourth-quarter results exceeded expectations. Fourth-quarter revenue jumped 54% to US$842.7mln, taking the full-year figure to US$2.8bn, and the tech company said it expects revenue to grow to between US$855mln and US$865mln in the first quarter of this year.

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