Twilio pledges to a minimum of 30% annual growth in the next four years

Twilio Inc. (NYSE: TWLO) said on Friday that it is aiming for annual growth of a minimum of 30% in the next four years. The announcement came only a day after the company forecast a higher revenue in the fiscal third quarter than its August’s estimate of up to £313.80 million. Twilio opened about 8% up on Friday. The stock continued the rally and gained another 5% later in the day. Including the price action, it is now exchanging hands at £224 per share versus £56 per share in March, when the impact of the Coronavirus pandemic was at its