Twilio Inc. (NYSE:TWLO) Q2 2017 Earnings Conference Call - Preliminary Transcript

Aug 07, 2017 • 05:00 pm ET

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Twilio Inc. (NYSE:TWLO) Q2 2017 Earnings Conference Call - Preliminary Transcript

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Presentation
Operator
Operator

Good afternoon and welcome to Twilio Q2 2017 Earnings Conference Call. My name is Kelly and I will be your operator for today's call. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session.

I'll now turn the call over to Greg Kleiner, Vice President of Investor Relations and Treasurer. Mr. Kleiner you may begin.

Executive
Greg Kleiner

Thank you. Good afternoon, everyone and welcome to Twilio's second quarter 2017 earnings conference call. Joining me today are Jeff Lawson, Twilio's Co-Founder and CEO; and Lee Kirkpatrick, Twilio's CFO. The primary purpose of today's call is to provide you with information regarding our 2017 second quarter performance in addition to our financial outlook for our 2017 third quarter and full year.

Some of our discussion and responses to your questions may contain forward-looking statements, including but not limited to statements regarding our future performance, including our financial outlook, impacts and expected results from changes in our relationship with our largest customer, our market opportunity and market trends, the growth of our customer base, customer adaption of our products, our momentum, the benefits from our business model, timing and focus of expenses, our delivery of new products and new product features and our ability to execute on our vision.

These statements are subject to risks, uncertainties and assumptions. Should any of these risks or uncertainties materialize or should any of our assumptions as outlined in our earnings release and the documents referred to in that release prove to be incorrect, actual company results could differ materially from these forward-looking statements. A discussion of the risks and uncertainties related to our business is contained in our Form 10-Q filed with the SEC on May 10, 2017 and our remarks 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 of which 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. Also, during this call, we may present both GAAP and non-GAAP financial measures.

Reconciliations to the most directly comparable GAAP financial measures are available in our earnings release, which we issued a short time ago. We encourage you to read our earnings release as it contains important information about GAAP and non-GAAP results as well as the reasons why we present guidance for non-GAAP financial measures of loss from operations and net loss per share, but not the comparable GAAP measures.

The earnings release is available in the Investor Relations page of our website and is part of our Form 8-K furnished to the SEC. Finally, at times, in our prepared comments or in responses to your questions, we may offer incremental metrics to provide a greater insight into the dynamics of our business or our quarterly or annual results. Please be advised that this