Communications services companies rose sharply as traders bet the sector would see more consolidation. Shares of Paramount Global, which has been rumored to.
After many months of activist-investor pressure, Monday's abrupt departure of Twilio Chief Executive Jeff Lawson is a likely precursor to more change, such.
Sage Rhino Capital LLC lessened its position in Twilio Inc. (NYSE:TWLO – Free Report) by 9.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,462 shares of the technology company’s stock after selling 1,596 shares during the period. […]
Twilio (NYSE:TWLO – Get Free Report) issued an update on its fourth quarter 2023 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.530-0.570 for the period, compared to the consensus earnings per share estimate of 0.570. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue […]