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Twilio, Inc. (NYSE: TWLO ), a leading provider of programmable communication tools, has reported a 22% increase in revenue for the fourth quarter of 2022. On an adjusted basis, the technology company reported revenue for the quarter.
Adjusted net income, on a per share basis, was $0.22 per share in the fourth quarter, compared to a loss of $0.20 per share in the corresponding period last year.
Check out this space to read management/analyst commentary on Twilio’s Q4 2022 earnings
On an unadjusted basis, the net loss was $229.4 million or $1.24 per share for the last quarter, compared with a loss of $291.4 million or $1.63 per share in the fourth quarter of 2021. Revenue increased 22% year over year to $1.02 billion over the three-year period month.
“While our vision remains the same, the way we operate and execute has changed – all to drive better focus for our business and ultimately increase value creation for our shareholders,” said Jeff Lawson, CEO of Twilio.
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