Cloud Stocks: Twilio Attempts Personalization
According to a recent report, the Unified Communications as a Service (UCaaS) market is expected to grow at 13% CAGR to reach $69.93 billion by 2028. Leading player Twilio (NYSE: TWLO) recently announced its first quarter results that outpaced market expectations. But the continuing macro-economic uncertainty has made it cautious as was evident in its outlook. Twilio's Financials For the first quarter, Twilio's revenues grew 15% to $1.01 billion, ahead of the market's forecast of $1 billion. EPS of $0.47 per share was significantly better than the market's expected earning...
Source: sramanamitra.com
