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Sumitomo Mitsui Financial Group Inc. Sells 1,998 Shares of Twilio Inc. (NYSE:TWLO)

Sumitomo Mitsui Financial Group Inc. trimmed its holdings in shares of Twilio Inc. (NYSE:TWLO – Free Report) by 15.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,362 shares of the technology company’s stock after selling 1,998 shares during the quarter. Sumitomo […] ....

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betterplace: Former Twilio executive Ved Antani joins BetterPlace as chief product & technology officer

Antani last served as general Manager and vice president, engineering and product, at NYSE-listed cloud communications company Twilio. ....

Ved Antani , Saas Platform , Jungle Ventures ,

Cloud Stocks: Twilio Focused on Integrating AI into UCaaS

According to a recent report, the global Unified Communication as a Service (UCaaS) market is projected to grow at 15% CAGR to reach $85.77 billion by 2030 from $32.01 billion in 2023. Communications PaaS player Twilio (NYSE: TWLO) recently announced its second quarter results that surpassed market expectations. The company is leveraging AI capabilities into its tools to continue to drive its growth rate. Twilio's Financials Twilio's second quarter revenues grew 10% to $1.04 billion, surging ahead of the market's forecast of $984.5 million. Earnings of $0.54 per share was also significantly better than the earnings of $0.29 per share forecast by the market. Among key metrics, Twilio said it had over 304,000 active customer accounts at the end of the quarter, compared with 275,000 a quarter ago. Dollar-Based Net Expansion Rate was 103% for the second quarter, compared to 123% for the second quarter of 2022. Twilio expects to end the current quarter with revenues of $980 ....

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Elena A. Donio Sells 7,760 Shares of Twilio Inc. (NYSE:TWLO) Stock

Twilio Inc. (NYSE:TWLO – Get Free Report) insider Elena A. Donio sold 7,760 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $60.65, for a total value of $470,644.00. Following the sale, the insider now owns 427,921 shares of the company’s […] ....

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