Compound quarterly growth rate formula

Twilio's revenue in the third quarter jumped 75% from a year ago as the company had more than 172,000 active customer accounts. But the outlook for the fourth quarter was weaker than expected. The cloud communications as a service provider reported a net loss of 64 cents a share on revenue of $295.1 million. Non-GAAP earnings were 3 cents a share. Wall Street was looking for third quarter non-GAAP earnings of a penny a share on revenue of $287.8 million. Twilio offers a bevy of communications services and its roadmap makes the company more of a customer engagement platform. Twilio in the quarter launched Twilio Conversations, a unified API for multiple communications channels, SendGrid Ads and Media Streams. Verified by Twilio will tell you who's calling -- and whyHow Twilio SendGrid uses machine learning to thwart phishing attacksZoom, Slack, and Twilio see expense account love from businesses, says ExpensifyFor the fourth quarter, Twilio projected revenue between $311 million to $314 … [Read more...] about Twilio’s Q3 solid, Q4 outlook weak amid torrid growth rates

NEW DELHI: India's real GDP growth in 2019-20 fiscal is expected to be slightly below 5 per cent as the impact of stimulus measures will take time to filter through to the economy, IHS Markit has said. Latest GDP data for July-September quarter showed a significant further moderation in the pace of economic growth to 4.5 per cent, the weakest in six years with a key contributory factor being a slump in manufacturing output. This compared with the 5 per cent growth rate registered in the previous quarter and 7 per cent rate recorded a year ago in September quarter of 2018. For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back. "Financial sector fragilities continue to weigh on India's economic growth momentum, with the high level of non-performing loans on the balance sheets of the public sector banks, constraining their new lending," IHS said in a report. Furthermore, there are also risks from potential contagion … [Read more...] about India’s real GDP growth in FY20 to come below 5%: IHS Markit

* Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh By Saikat Chatterjee LONDON, Dec 4 (Reuters) - The dollar traded near one-month lows on Wednesday as markets remained jittery about the progress of Sino-U.S. trade talks and waited for U.S. data that could show whether the prolonged trade spat is starting to damage consumption in the United States. A Bloomberg report that the two sides were close to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal boosted the offshore-Chinese yuan by 0.2% to 7.05. It had languished around seven-week lows to the dollar after U.S. President Donald Trump said on Tuesday a trade agreement may be delayed until after November 2020 U.S. elections. But the report failed to significantly budge the greenback. Against a basket of its rivals, it traded at 97.753, above Tuesday’s trough of 97.644, its lowest since Nov. 11. “We have been down this road before on the trade agreement headline front so markets … [Read more...] about FOREX-Dollar near 1-month low, caught between trade and growth uncertainty

Featured videos Samsung Galaxy Fold: Glimpse of the smartphone world beyond glass slabs How Amazon chooses new form factors for Alexa Microsoft's new Surface devices are loaded with 'impressive engineering' Best travel tech: Cables, chargers, batteries, and more Today, the world is entering a new era that we see as "the end of ownership."What do we mean by that? To put it simply, product ownership and the old product economy is becoming a thing of the past. People aren't as interested in filling their homes with physical goods anymore. They don't want to deal with upfront costs, the hassles of maintenance, and the frustration of obsolescence. Why buy and own something if there is an easier way to get the same or even better outcome? In other words, "why own when you can subscribe?" is the new mindset amongst consumers. To better understand global subscription services business model trends and consumer spending behaviors, I invited Mark Heller, Vice President of Global Brand … [Read more...] about 5 trends driving end of ownership and growth of subscription economy

FILE PHOTO: People enjoy the beach near a port during sunrise in Qinhuangdao, Hebei province, China October 15, 2019. REUTERS/Stringer/File Photo BEIJING (Reuters) - China’s potential economic growth will be below 6% over the next five years, an adviser to China’s central bank said on Saturday. The economy could grow between 5% and 6% from 2020 to 2025, Liu Shijin, a policy adviser to the People’s Bank of China, said at a conference in Beijing, according to an article he posted on social media. China’s monetary policy is already quite loose, and attempting to stimulate the economy to grow faster than its potential could cause it to fall off a cliff, said Liu. China’s third-quarter economic growth slowed more than expected to 6% year-on-year, marking its weakest pace in almost three decades, and at the bottom end of the government’s full-year target range of 6.0%-6.5%. Despite the growing strains on the economy caused by slowing domestic … [Read more...] about China’s potential growth below 6% over next five years: central bank adviser

MUMBAI: Reliance Jio Infocomm (Jio) said its 350 million plus customers have more than sufficient unlimited call timing before its off net charges kick in. The telco’s stance that it remains the operator with cheaper tariffs on the back of Airtel and Vodafone Idea removing their limits on off net calls, is a sign wars have not abated and Jio remains the threat . Jio is yet to take any such step. “Entitlement for off net calls in Jio’s "All in One Plans" is more than 5 times of what an average customer uses as per industry data and consequently, an average Jio customer is unlikely to have to ever pay for off net calls. We reiterate that Jio plans offer upto 25% higher value than comparable plans of other operators,” said a spokesperson. Bharti Airtel and Vodafone Idea have removed limits on off net calls over last weekend, a reaction to rival Reliance Jio’s latest tariff plans which are up to 25% cheaper than theirs. Off net calls can be used as a … [Read more...] about Jio says its rates still cheapest despite Airtel, Vodafone Idea move to remove offnet call limits