secwatch.observer — SEC 8-K summary
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Issuer:     TWILIO INC (TWLO)
CIK:        0001447669
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001447669-22-000191
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twilio Q3 revenue $983M (+33% YoY) but GAAP loss per share widens to $2.63; guides Q4 revenue $995M-$1,005M
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- Revenue $983.0M (+33% YoY, +32% organic); GAAP operating loss $457.0M vs $232.3M loss YoY.
- GAAP net loss per share $2.63 vs $1.26; Non-GAAP loss per share $0.27 vs $0.01 income YoY.
- Dollar-Based Net Expansion Rate 122% vs 131% YoY; Active Customer Accounts >280k.
- Q4 guidance: revenue $995-$1,005M (18-19% YoY); Non-GAAP loss from ops ($15)-($5)M.
- Restructuring: 816 employees leaving in Q4 as part of cost reduction efforts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1447669/000144766922000191/0001447669-22-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1447669/000144766922000191/twlo-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001447669-22-000191

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer