TWLO

Summary Twilio is one of the leading vendors in the CPaaS space. Its results for the January quarter were nothing other than spectacular. It also raised guidance for this current quarter materially. The company’s scope of product offerings in its pace has helped it build a formidable competitive moat. CPaaS remains a cornerstone of digital…

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Buying the dip

The last few trading sessions have seen a rather significant reversal of investor preferences. Risk-off is ruling investment sentiment and has pulled down many high-growth IT names by as much as 20% in a few days. Losses, as is typical in a panic, have been fairly indiscriminate although the names with the highest EV/S valuation…

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As we foreshadowed in our earnings brief earlier this week, we have reduced our holding in Twilio by half. This means its weighting in the portfolio goes to about 6%. The reasons for our sale were outlined in the prior note-basically our conviction level has been lessened by the guidance provided which calls for sharp…

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Twilio reported last evening. The results were “OK” but certainly less than spectacular. The guidance for 2020 is certainly less than I was expecting to see. The shares are down about 4% this morning after a strong start to the year in which they have appreciated by 20%. After revising my numbers to take account…

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I do not always get to write everything I wish in a timely fashion. Lots of companies, a fair amount of volatility and loads of data through which to sift as well as conference call transcripts to which I listen and read. Many subscribers are interested in getting updates on some of the names I…

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DBE-Dollar Based Expansion I have had a few questions regarding the meaning of DBE. DBE is the now standard abbreviation for Dollar Based Expansion. This rate is used as a metric to consider the purchase activity of existing customers. In other words, at what rate are customers expanding their usage of software from a particular…

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Summary Twilio shares have compressed to a point at which they present an attractive value for investors. The results announced on Oct. 30 were an accustomed beat of a few percent on revenue and a few pennies in terms of EPS. Guidance, however, was less than the prior consensus, by about 2%-3% in revenues and…

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A Mournful Wednesday It was just one of those days The skies were dark and the heavens were weeping. If you are a tech investor and are looking for growth names Wednesday was either the worst of times or an opportunity. While there is no particular index that tracks high momentum/highly valued growth names, a…

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Over the course of an earnings season, I review something in excess of 50 reports and try to write commentary with regards to 20-25. That means I might miss some things both in terms of not commenting about every name and in not spotting every correlation. And for better or worse, just about every earnings…

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Even though it is mid-summer life goes on. There have been some developments of interest amongst our portfolio holdings and other recommendations. This a brief compendium of some of the news from today, July 9, 2019 as it affected the IT space.  Twilio (TWLO) Yesterday Twilio announced a new customer acquisition. The company, in conjunction…

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