Twilio Inc (NYSE: TWLO) stock enhanced over 16.9% on Feb 14th, 2018 (as of 11:18AM EST; Source: Google finance). For the fourth quarter of 2017, the total revenue rose 41% yoy and surged 15% sequentially from the third quarter of 2017. The overall revenue rose 44% yoy to $399.0 million for the full year 2017. The Base revenue rose 40% yoy to $105.3 million during the quarter and even a higher at 62% when excluding Uber. The group had 48,979 Active Customer Accounts as of December 31, 2017, against 36,606 Active Customer Accounts as of December 31, 2016. The Dollar-Based Net Expansion Rate fell to 118% for the fourth quarter of 2017, against 155% for the fourth quarter of 2016.
The group still believes there is a huge target market opportunity which is in early stages of a communications revolution. The governor recently projected that 30% of enterprises would embed communication into digital processes using APIs and modules from C past vendors by the year 2020, rising from just 5% in 2017.
The group continued to invest here to further differentiate their offerings. Voice and messaging have been the major drivers of their revenue while they forecast these products to power their growth for many years to come. The group also innovated beyond traditional voice and messaging and started building on a wide variety of other channels. Voice, video, push, chat and beyond, into voice assistants like Alexa and social channels like Facebook messenger.
The group has six variable customer accounts in the fourth quarter flat sequentially as compared to eight in the fourth quarter of 2016. For 2018, the group forecasts gross margins around 53.5% or better. For full year of 2018, the group expects a Total Revenue to be in the range of $506 million to $514 million. The top two priorities for 2018 is to continue their evolution into a strategic software platform for customer engagement, while expanding their position as developer’s first choice for communications. Twilio stock generated over 31% in this year to date.