The curse of the mixed guidance strikes again. Shares of Twilio (TWLO) took a hammering in Thursday’s trading after the CPaaS (communication-platforms-as-a-service) company’s Q4 outlook failed to impress. The soft guidance took the shine off a strong third-quarter in which the company posted beats on both the top-and bottom-line. In 3Q21, Twilio generated revenue of $740.2 million, amounting to a 65.2% year-over-year increase and coming in ahead of the estimates by $56.1 million. Non-GAAP EPS of $0.01 beat the Street’s forecast by $0.15. Looking ahead to Q4, Twilio’s guidance for revenue between $760 million and $770 million actually came in higher than the consensus estimate of $748 million.
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Twilio (NYSE:TWLO)
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