(Bloomberg) — Twilio Inc. projected sales in the current quarter that topped analysts’ estimates, but represented slowing growth, a sign that corporate demand for communications tools may ease as the economic toll from the pandemic continues.The software company has been among the sector’s biggest gainers during the coronavirus pandemic, with customers such as retailers using Twilio’s tools to facilitate curbside pickups and health care providers relying on the platform for telehealth services. Investors flocked to the stock, which has almost tripled this year.Sales will be as much as $406 million in the period that ends in September, the San Francisco-based …read more
Source:: Yahoo Finance
