Twilio Inc. (NYSE:TWLO) Q4 2018 Earnings Conference Call Transcript

Feb 12, 2019 • 05:00 pm ET


Twilio Inc. (NYSE:TWLO) Q4 2018 Earnings Conference Call Transcript


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Good afternoon, and welcome to Twilio's Q4 2018 Earnings Conference Call. My name is Jiji and I'll 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 will now turn the call over to Greg Kleiner, Vice President of Investor Relations and Treasurer. Mr Kleiner, you may begin.

Greg Kleiner

Thank you. Good afternoon, everyone and welcome to Twilio's fourth quarter and year end 2018 earnings conference call. Joining me today are Jeff Lawson, our Co-Founder and CEO; Sameer Dholakia, the CEO of our Twilio's SendGrid business unit; George Hu, Our COO; and Khozema Shipchandler, our CFO. The primary purpose of today's call is to provide you with information regarding our 2018 fourth quarter and full year performance. In addition to our financial outlook for 2019 first 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, which includes SendGrid from the closing date of February 1 onwards. The potential benefits of our acquisition of SendGrid impacts and expected results from changes in our relationship with our larger customers, our market opportunity in market trends, the growth of our customer base, customer adoption of our products, the momentum, the benefits of our business model, our delivery of new products or product features, and our ability to execute on our vision.

These statements are subject to risks, uncertainties and assumptions. Should any of these risk 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 most recent Form 10-Q filed with the SEC on November 8, 2018 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 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. Reconciliation of these non-GAAP financial measures 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 our non-GAAP financial measures of income from operations and net income per share, but not the comparable GAAP measures. The earnings release is available on the Investor Relations page of our website and is part of our Form 8-K furnished to the SEC. Finally, at