Twilio forecasts fourth-quarter profit above estimates on active customer accounts growth

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Twilio forecasts fourth-quarter profit above estimates on active customer accounts growth
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- Cloud service provider Twilio on Wednesday forecast fourth-quarter profit above Wall Street estimates on an increase in its active customer accounts.San Francisco-based Twilio expects fourth-quarter adjusted profit between $0.53 per share and $0.57 per share, compared with analysts' estimates of $0.36, according to LSEG data.

The company's active customer accounts in the third quarter rose to 306,000 from 280,000 a year earlier.The company posted revenue of $1.03 billion, beating estimates of $989.28 million.

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