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santafe2

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santafe2

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Re: jmgreeny post# 215

Friday, 11/04/2022 1:52:31 PM

Friday, November 04, 2022 1:52:31 PM

Post# of 241
It appears they've built a company to support 30-40% YoY growth and will achieve half that growth, at least in the short term. TWLO laid off 11% of staff in September. That may account for the negative earnings as the cost was stated at $80MM or ~44 cents a share. Those costs will accrue mostly through Q4 with some foreign layoffs occurring in 2023, according to company statements. So far today the floor is $41 a share.

The person that turns over the most rocks wins - Peter Lynch

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