(Reuters) – Twilio Inc on Tuesday forecast second-quarter revenue below estimates, sending the cloud communications platform’s shares tumbling nearly 13% in extended trading.
The company said it expects $980 million to $990 million in revenue, compared with analysts’ average estimate of $1.05 billion, as per Refinitiv data.
(Reporting by Aishwarya Nair in Bengaluru; Editing by Shinjini Ganguli)