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August 6, 2018 09:54 pm GMT

Twilio came ahead of expectations and the stock is going nuts

Twilio today reported a positive quarter that brought it to profitability on an adjusted basis ahead of schedule for Wall Street, sending the stock soaring 16% in extended hours after the release came out. While according to traditional accounting principles Twilio still lost money (this usually includes stock-based compensation, a key component of […]

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