Twilio Inc.

(NYSE:TWLO) shares are flying on Friday after the cloud communications company delivered a second-quarter report that beat expectations on revenue and earnings.

Twilio shares are powering higher.

What's fueling TWLO momentum?

Record Profitability and a Revenue Beat Set the Tone Second-quarter revenue of $1.50 billion outpaced the $1.43 billion consensus and represented a 22% advance from the same period a year earlier.