Twilio's Biggest Business Is Slowing, and That's a Problem for Its Growth Story
Twilio stock plunged 19% premarket despite Q3 beats, hit by slowing messaging growth and a soft Q4 organic revenue forecast.
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Why It Matters
Twilio's main business that sends texts and messages is growing slower now. When a company's biggest money maker slows down, it hints the company may struggle to grow as fast as people hoped.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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