Twilio Inc. (TWLO) Q1 2022 Earnings Call Transcript

For the period ending March 31, 2022

May 4, 2022 5:00 p.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good afternoon. My name is Emma, and I will be your conference operator today. At this time, I would like to welcome everyone to the Twilio First Quarter 2022 Earnings Conference Call. [Operator Instructions] Thank you.

Bryan Vaniman, SVP, Corporate Development and Investor Relations, you may begin your conference.

Bryan Vaniman

Thanks, Emma. Good afternoon, everyone, and thank you for joining us for Twilio’s First Quarter 2022 Earnings Conference Call. Our prepared remarks, earnings press release, investor presentation, SEC filings and a replay of today’s call will be found on our IR website at investors.twilio.com.

Joining me today for Q&A are Jeff Lawson, Co-Founder and CEO; Elena Donio, President of Revenue; and Khozema Shipchandler, COO.

As a reminder, some of our commentary today may be in non-GAAP terms. Reconciliations between our GAAP and non-GAAP results and further information related to guidance can be found in our earnings press release.

Additionally, our discussion and responses contain forward-looking statements, including our projections and expectations regarding future performance. These forward-looking statements are subject to risks, uncertainties and assumptions. And should any of these risks materialize or should our assumptions prove to be incorrect, actual financial results could differ materially from our projections or those implied by these forward-looking statements.

A description of these risks, uncertainties and assumptions and other factors that could affect our financial results are included in our SEC filings, including our most recent report on Form 10-K and subsequent reports on Form 10-Q. And a remark – marked during today’s discussion should be considered to incorporate this information by reference.

Forward-looking statements represent our beliefs and assumptions only as of the date such statements are made. We undertake no obligation to update any forward-looking statements made during this call to reflect events or circumstances after today or to reflect new information or the occurrence of unanticipated events, except as required by law.

And with that, I’ll hand it over to Jeff for some opening remarks. Then we’ll open the call for Q&A.

Jeff Lawson

Thanks, Bryan. We delivered another strong quarter of results and continue to execute against our long-term strategy to build the world’s leading customer engagement platform. We remain confident in our ability to deliver 30% plus annual organic revenue growth through 2024, and we’re committed to delivering annual non-GAAP operating profitability starting in 2023.