Twilio Inc. shares gain in Wednesday’s extended session after the cloud-communications company posted in-line quarterly results. Twilio reported its third-quarter loss widened to $23.5 million, or 25 cents a share, from $11.3 million, or 13 cents a share, a year earlier. On an adjusted basis it would have lost 8 cents a share, which is in line with analysts’ average estimate in a FactSet survey. Revenue rose to $100.5 million from $71.5 million. Wall Street had projected $92.5 million. For the current quarter, Twilio expects an adjusted loss per share of 6 cents to 5 cents and revenue in a range of $102.5 million to $104.5 million. Analysts are predicting an adjusted loss per share of 6 cents and revenue of $98.7 million. Twilio shares climbed 3% after hours.
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