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

Twilio reported Q3 organic revenue growth of 16% and improved profitability with operating margins rising to 10% from 3%, but guided for slower Q4 growth of 11-12% and lower operating profit despite continued revenue increases. The stock fell 14% in after-hours trading as the company did not explain the reasons for the slowdown.