Shares of Twilio have risen by 29% after the CCaaS provider announced its fourth quarter results.
The results highlight revenues of $842.7 million, an increase of 54% Year-Over-Year.
Acquisitions of Segment – the customer data platform - and Zipwhip – the toll-free messaging service provider - have perhaps played their part in these revenue gains.
Yet, speaking on an earnings call, Jeffrey Lawson, CEO at Twilio, also credited the company’s digitally-charged vision. He said:
We intend to become the software player that digitally connects every business to their customers to introduce true personalized engagement and relationships in the next chapter of the cloud.
"Our work is never done, and I'm incredibly eager to continue building the company in 2022 and beyond."
In addition to its fourth quarter earnings, Twilio announced its full year results for 2021. These highlight an overall revenue of $2.84 billion, which represents a 61% Year-Over-Year growth.