2024-01-25 04:55:50 ET
Summary
- Twilio has been hit by a series of setbacks in 2023, including employee layoffs, activist pressure, CEO departure, and disappointing financial results.
- Its growth strategy, including new product releases and cross-selling efforts, has not delivered the expected results.
- TWLO’s strategic shift from growth to profitability has improved its operating margins and cash flow but also raised questions about its long-term growth potential.
Twilio ( TWLO ), the leading communications platform as a service (CPaaS) provider, has been facing a series of challenges in the past year that have eroded its competitive edge and growth prospects. The company has announced several employee layoffs, faced activist demands for board changes and strategic review, and replaced its co-founder and CEO Jeff Lawson with a new leader....
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Twilio: Not A Growth Company Anymore