Twilio beats earnings target and announces plans for R&D reshuffle
Twilio beats earnings target and announces plans for R&D reshuffle SHARE Cloud communications platform provider Twilio Inc. posted a strong earnings beat and solid guidance today as it announced a reorganization of its product and research and development efforts. The company reported a first-quarter profit before certain costs such as stock compensation of 5 cents per share on revenue of $590 million, up 62% from the same period a year ago. That was a solid performance, with Wall Street looking for a loss of 9 cents per share on revenue of just $532.9 million. Twil...
Source: siliconangle.com