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Twilio Sees Slower Q4 Growth and Lower Profit: Rapid Earnings Reaction

Twilio (NYSE: TWLO) grew organic revenue 16% in the third quarter, but it expects that pace to slow to 11% to 12% in the fourth. Shares fell about 14% in early after-hours trading. The quarter showed Twilio can now turn growth into real profit, yet the outlook calls for both growth and operating profit to step down at year-end, and the release doesn't say why.

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