Twilio is trading at $198.21, down 18.07%, in pre-market as investors appear focused on Q4 organic revenue growth guidance of 11%–12%, below Q3’s 16% pace.
- Twilio beat Q3 revenue and earnings estimates and raised its full-year outlook, but its quarterly growth and profit outlook was more cautious.
- The software-sector ETF was reported down 4.1%, potentially adding pressure.