All Clear? 2018 Looking Up for Twilio as Firm Moves Past Uber Issues; Raising FVE to $37
Twilio reported fourth-quarter results that were ahead of our expectations, as the firm enjoyed strong customer expansion and a more-muted impact from customer concentration. In particular, management noted that revenue from Uber is now small enough that fluctuations in Uber-specific revenue will not have a material impact on results moving forward. We are encouraged that Twilio continues to diminish its customer concentration risk, as revenue from top 10 accounts fell to 17% in the fourth quart...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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