Tastemaker Acquisition Corp
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Company profile

Tastemaker Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. The Company has not selected any specific business combination target and may pursue an initial business combination target in any industry or geographic region. The Company is not engaged in any business and has not generated any revenue.

Closing Price
$9.86
Day's Change
-0.01 (-0.10%)
Bid
--
Ask
--
B/A Size
--
Day's High
9.90
Day's Low
9.78
Volume
128,131

UPDATE: Twilio shares climb 4% on better-than-expected revenue

4:48 pm ET October 26, 2020 (MarketWatch)
Print

Twilio Inc. (TWLO) shares were initially up 4% in after-hours trading Monday after the developer of communications software reported fiscal third-quarter revenue that blew past Wall Street estimates. Twilio reported (https://www.businesswire.com/news/home/20201026005703/en/Twilio-Announces-Third-Quarter-2020-Results) a loss of $116.9 million, or 79 cents a share, compared with a loss of $87.7 million, or 64 cents a share, in the year-ago quarter. Twilio's reported an adjusted loss of 4 cents a share. Revenue vaulted 52% to $447.9 million from $295.1 million a year ago. . Across-the-board strength in business operations, led by gains in vertical markets such as health care and financial services, contributed to the hike in revenue, Twilio Chief Financial Officer Khozema Shipchandler told MarketWatch after the results were announced. Analysts surveyed by FactSet had expected a net loss of 4 cents a share on revenue of $407 million. Twilio shares are up 206% this year as the company continues to benefit from an economy roiled by the coronavirus pandemic. The broader S&P 500 index has improved 5% in 2020.

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 26, 2020 16:48 ET (20:48 GMT)

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