Twilio (TWLO) stock is losing popularity among investors, with shares down around 7% in the last year and 15% year-to-date. Investor confidence in this cloud communications platform has been impacted by difficult year-over-year comparisons, increasing competition, and a squeezed gross margin. Twilio's third-quarter results were released last month. On both the top and bottom lines, the company outperformed expectations. However, owing to weaker-than-expected Q4 guidance, the company's profits failed to excite investors. Despite these setbacks, it's not wrong to say that Twilio's growth prospects are still bright. RBC Capital's Rishi Jaluria agrees and is optimistic about the firm, as he reported earlier this week.
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Twilio (NYSE:TWLO)
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