'We have instituted additional processes and controls to make sure such an error cannot happen again,' Twilio CEO Jeff Lawson says in a 'Mad Money' interview.
." "We have to make sure to get those things right, and we have instituted additional processes and controls to make sure such an error cannot happen again."
Twilio's revenue grew roughly 44% in 2017 and at an almost 63% clip in 2018. The cloud-communications company's sales are expected to reach $1.1 billion by year-end 2019, which would clock in at more than 71%, of growth, according to analyst consensus on FactSet. Twilio, which supplies a text-messaging platform for businesses to communicate with customers, counts Airbnb and Lyft among its 172,000 clients. The company is riding the secular trend of enterprises looking to digitize their operations.
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