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Bandwidth (BAND) Tops Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-07 13:21
Bandwidth (BAND) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this enterprise software developer would post earnings of $0.24 per share when it actually produced earnings of $0.38, delivering a surprise of 58.33%.Over the last four quarte ...
Bandwidth(BAND) - 2024 Q1 - Quarterly Results
2024-05-07 11:02
Bandwidth Announces First Quarter 2024 Financial Results Exceeded revenue and profitability guidance ranges Raising full year 2024 guidance for revenue and profitability Upsized revolving credit facility to $100 million with 5 year term Repurchased $140 million of 2026 convertible notes at a discount Raleigh, NC - Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the first quarter ended March 31, 2024. "We've had an impressive star ...
Bandwidth Honored for Customer Service Team of the Year and Customer Service Innovation by the Stevie Awards
Prnewswire· 2024-04-16 12:12
Recognizes Bandwidth's legendary, human-centered support team achievements   Strong services expertise, overall costs and strong customer focus are the top three key factors for enterprises when selecting a CPaaS provider, according to a Gartner® survey RALEIGH, N.C., April 16, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it has won two Stevie® Awards: a gold award for highest honors in Customer Service Innovation, and a silve ...
Bandwidth Announces 'The Texties,' A New Awards Program Celebrating The Best in Business Text Messaging
Prnewswire· 2024-03-12 12:12
Who's taking home a Textie on May 9? Applications are now open!RALEIGH, N.C., March 12, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced "The Texties," a new awards program honoring the best in business text messaging for Bandwidth customers. Applications are now open here. The Texties are a new awards program honoring the best in business text messaging for Bandwidth customers. "Our customers are using messaging in so many uni ...
Bandwidth Inc. (BAND) Hit a 52 Week High, Can the Run Continue?
Zacks Investment Research· 2024-02-29 15:16
Have you been paying attention to shares of Bandwidth (BAND) ? Shares have been on the move with the stock up 33.2% over the past month. The stock hit a new 52-week high of $18.89 in the previous session. Bandwidth has gained 27.4% since the start of the year compared to the 8.3% move for the Zacks Computer and Technology sector and the -20% return for the Zacks Communication - Infrastructure industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it ...
Bandwidth (BAND) Tops Q4 Earnings Estimates on Solid Revenues
Zacks Investment Research· 2024-02-29 12:16
Bandwidth Inc. (BAND) reported solid fourth-quarter 2023 results, beating the top-line and bottom-line estimates and well exceeding its guided range. The strong performance was backed by enterprises increasingly relying on Bandwidth’s platform for communications in the cloud. In order to drive growth, the company plans to focus on winning large enterprises and becoming the best global CPaaS (Communications Platform as a Service) platform for scaling digital engagement.Quarter DetailsOn a GAAP basis, net los ...
Bandwidth(BAND) - 2023 Q4 - Annual Report
2024-02-28 21:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-K __________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38285 BANDWIDTH INC. (Exact name of registrant as specified in its charte ...
Bandwidth(BAND) - 2023 Q4 - Earnings Call Transcript
2024-02-28 16:40
Bandwidth Inc. (NASDAQ:BAND) Q4 2023 Earnings Conference Call February 28, 2024 8:00 AM ET Company Participants Sarah Walas - IR David Morken - CEO Daryl Raiford - CFO Conference Call Participants Arjun Bhatia - William Blair Ryan MacWilliam - Barclays Meta Marshall - Morgan Stanley James Fish - Piper Sandler. Mike Walkley - Canaccord Genuity Ryan Koontz - Needham & Company Patrick Walravens - Citizens JMP Operator Hello and welcome to the Bandwidth Inc. Fourth Quarter and Full Year 2023 Earnings Conf ...
Bandwidth (BAND) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-02-28 14:26
Bandwidth (BAND) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 58.33%. A quarter ago, it was expected that this enterprise software developer would post earnings of $0.21 per share when it actually produced earnings of $0.23, delivering a surprise of 9.52%.Over the last four quarter ...
Bandwidth(BAND) - 2023 Q4 - Annual Results
2024-02-27 16:00
Bandwidth Announces Fourth Quarter and Full Year 2023 Financial Results, Exceeding Revenue and Profitability Guidance Achieved 39% profitability growth, net operating cash flow of $39 million and record Free Cash Flow in 2023 Expects 16% revenue growth and 50% profitability growth in 2024 February 28, 2024 Conference Call Bandwidth will host a conference call to discuss financial results for the fourth quarter and full year ended December 31, 2023 on February 28, 2024. Details can be found below and on the ...