Zipwhip

Twilio Inc (NYSE: TWLO) shares dropped 2.7% on Thursday after the company reported conservative second-quarter guidance. On Wednesday, Twilio reported an adjusted first-quarter EPS loss of $1.23, missing consensus analyst estimates of a 21-cent loss. Revenue for the quarter was $875.4 million,...

On Monday, Twilio Inc (NYSE: TWLO) announced an $850 million deal to acquire Zipwhip, a company that helps enable businesses to use their existing toll free business phone numbers to text customers. Deal Makes Sense: Bank of America analyst Daniel Bartus said Tuesday the Zipwhip deal makes a lot of...