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Twilio Shares Slip Despite Better-Than-Expected Sales and Surprise Profit

Twilio (ticker: TWLO) reported revenue of $400.8 million, up 46% from a year ago, and ahead of the range of $365 million to $370 million management had told investors to expect. The Wall Street analyst consensus had been $368 million. Twilio posted a non-GAAP profit of 9 cents a share in the quarter, while the company had told investors to expect a loss of 8 to 11 cents a share. Read More...

Twilio (ticker: TWLO) reported revenue of $400.8 million, up 46% from a year ago, and ahead of the range of $365 million to $370 million management had told investors to expect. The Wall Street analyst consensus had been $368 million. Twilio posted a non-GAAP profit of 9 cents a share in the quarter, while the company had told investors to expect a loss of 8 to 11 cents a share.

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