Twilio (NYSE: TWLO) has been a top growth pick in 2020. Organizations have accelerated their shift to cloud-based contact centers in the wake of the coronavirus pandemic so that their customer service operations can continue seamlessly, even if physical offices remain closed to abide by stay-at-home orders.
The pandemic has given the cloud communications specialist a nice shot in the arm, helping it step on the gas after a tepid start to the year. And now, Twilio's fiscal second-quarter results show that its momentum is far from over. Its revenue grew 46% year-over-year last quarter, and active customer accounts jumped 24%. Adjusted net income jumped 189% year-over-year to $0.09 per share.
Image source: Getty Images.