NEW YORK (TheStreet) -- Shares of Twilio (TWLO - Get Report) were up in after-hours trading on Monday after the San Francisco-based cloud communications company reported better-than-expected results after today's market close.
Twilio posted a loss of 8 cents per share, surpassing analysts' projected loss of 14 cents per share. Revenue rose 70% year-over-year to $64.5 million, exceeding analysts expected revenue of $58.22 million.
The company went public on June 23 and counts Uber Technologies and Facebook's (FB) WhatsApp as customers.
"We delivered strong results in our first quarter as a public company, as we saw continued growth across our product lines," said Twilio CEO Jeff Lawson in a statement. "The successful completion of our IPO in June will provide additional capital and brand visibility to drive our growth in the future as we look to fuel the future of communications."
For the third quarter, the company expects revenue to be between $63 million and $65 million with a loss in the range of 9 cents per share and 10 cents per share.
Twilio forecasts full-year revenues to be in the range of $253 million to $257 million and losses to be between 28 cents per share and 30 cents per share.
The company said it has 30,780 active customer accounts as of June 30 this year, compared to 21,226 active customer accounts the year prior.TWLO data by YCharts