• Roku's shares plunge 10% despite an earnings report its CEO called 'great'

    6 days ago - By Business Insider

    Roku reported third-quarter results Wednesday that topped Wall Street's expectations.
    But investors sold off its stock following the announcement; in recent trading it was off more than 10%.
    The growth rate of the company's platform business, while still robust, slowed markedly in the quarter, and it offered a disappointing forecast for its bottom line in the fourth quarter.
    Roku's investors may not have been pleased with the company's third-quarter earnings report, but CEO Anthony Wood insists that everything's going just fine.
    The streaming media device maker's results beat Wall Street's...
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  • Tableau, Twilio, New Relic reports send cloud stocks skyward

    Tableau, Twilio, New Relic reports send cloud stocks skyward

    6 days ago - By Reuters

    Shares of cloud software sellers surged on Wednesday following quarterly reports and forecasts from Tableau Software, New Relic, Twilio and Rapid7 that added to Wall Street's high expectations for the fast-expanding sector.
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  • Shares of $9 billion cloud communications company Twilio stock soars 34 percent after reporting a huge beat on earnings

    6 days ago - By Chron

    Reuters/Brendan McDermid
    On Wednesday, cloud communications platform Twilio's stock surged as high as 34 percent in intraday trading, bringing its market cap up over $9 billion.
    The surge comes the morning after the company reported a big beat on its quarterly earnings: Twilio reported revenue of $168.9 million, well ahead of Wall Street's expectations of $150.5 million.
    Twilio also posted earnings of 7 cents per share, versus 5 cents expected.
    In the past quarter, Twilio acquired Ytica and announced it would acquire SendGrid, both of which would help expand its cloud communications platform.
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  • Shares of $9 billion cloud communications company Twilio stock soars 34 percent after reporting a huge beat on earnings

    Shares of $9 billion cloud communications company Twilio stock soars 34 percent after reporting a huge beat on earnings

    6 days ago - By Business Insider

    On Wednesday, cloud communications platform Twilio's stock surged as high as 34 percent in intraday trading, bringing its market cap up over $9 billion.
    The surge comes the morning after the company reported a big beat on its quarterly earnings: Twilio reported revenue of $168.9 million, well ahead of Wall Street's expectations of $150.5 million.
    Twilio also posted earnings of 7 cents per share, versus 5 cents expected.
    In the past quarter, Twilio acquired Ytica and announced it would acquire SendGrid, both of which would help expand its cloud communications platform.
    Shares of Twilio, a...
    Read more ...

     

  • Shares of $9 billion cloud communications company Twilio stock soars 34 percent after reporting a huge beat on earnings

    Shares of $9 billion cloud communications company Twilio stock soars 34 percent after reporting a huge beat on earnings

    6 days ago - By Business Insider

    On Wednesday, cloud communications platform Twilio's stock surged as high as 34 percent in intraday trading, bringing its market cap up over $9 billion.
    The surge comes the morning after the company reported a big beat on its quarterly earnings: Twilio reported revenue of $168.9 million, well ahead of Wall Street's expectations of $150.5 million.
    Twilio also posted earnings of 7 cents per share, versus 5 cents expected.
    In the past quarter, Twilio acquired Ytica and announced it would acquire SendGrid, both of which would help expand its cloud communications platform.
    Shares of Twilio, a...
    Read more ...