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.
“Our fourth quarter capped off an amazing year of results as we delivered more than US$2.8bn in revenue for the year, growing 61% year-over-year,” said co-founder and chief executive Jeff Lawson.
The company added 35,000 new active customer accounts during 2021, pushing the total to 256,000.