What happened Shares of cloud-based communications expert Twilio (NYSE: TWLO) rose as much as 13.8% on Tuesday morning, driven by a strong second-quarter earnings report and equally solid next-period guidance. So what Twilio reported an adjusted net loss of $0.05 per share and top-line sales of $95.9 million. Analysts would have settled for a $0.11 loss per share on revenue near $84 million. Looking ahead, the maker of cloud-computing software tools for corporate clients set third-quarter targets ahead of the current Street view and increased its full-year guidance projections across the board. Image source: Getty Images. Now what Largest customer Uber continued to distance itself from Twilio, focusing instead on working up its own in-house alternatives. Uber accounted for just 9% of Twilio's sales in the second quarter, down from roughly 12% in each of the last two quarters. Converting those figures to plain dollars, Uber sales held steady year over year while Twilio built new business elsewhere. Twilio's base revenues rose 55% year over year, or 65% if you exclude the Uber component. Overall, the 10 largest customer accounts added up to 21% of Twilio's total sales. Twilio's operating model is expanding rapidly across a large number of smaller clients. The company added more than 2,700 new accounts in the second quarter, for a grand total of 43,400 active customers. So, this was a strong report. Twilio's share prices are surging for all the right reasons today. 10 stocks we like better than TwilioWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Twilio wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017Anders Bylund has no position in any stocks mentioned. The Motley Fool recommends Twilio. The Motley Fool has a disclosure policy.