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Top Picks 2019: Twilio (TWLO)
01/23/2019 5:00 am EST
Twilio (TWLO) is the leading cloud communications platform in the world. The company had 61,000 Active Customer Accounts as of September 30, 2018, compared to 46,000 in the year ago period, explains Todd Shaver, editor of Bull Market Report.
Revenue for the past three years were $167 million, $277 million and $400 million (2017). We expect $640 million for 2018.
Revenue of $170 million for the third quarter of 2018 was up 68% from the third quarter of 2017. We see them hitting a run-rate of $1 billion when they report results for the full year in January.
Millions of developers around the world have used Twilio to unlock the magic of communications to improve any human experience.
Twilio has democratized communications channels like voice, text, chat, and video by virtualizing the world’s telecommunications infrastructure through APIs that are simple enough for any developer to use, yet robust enough to power the world’s most demanding applications.
By making communications a part of every software developer's toolkit, Twilio is enabling innovators across every industry — from emerging leaders to the world’s largest organizations — to reinvent how companies engage with their customers. Twilio is our top pick for 2019.
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