Bandwidth (BAND) Q4 Earnings and Revenues Surpass Estimates

Company Performance - Bandwidth reported quarterly earnings of $0.38 per share, exceeding the Zacks Consensus Estimate of $0.24 per share, and up from $0.19 per share a year ago, representing an earnings surprise of 58.33% [1] - The company achieved revenues of $165.39 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 7.32%, compared to $156.97 million in the same quarter last year [1] - Bandwidth has consistently surpassed consensus EPS estimates over the last four quarters [1] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $153.29 million, and for the current fiscal year, it is $1.40 on revenues of $669.95 million [4] - The estimate revisions trend for Bandwidth is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [4] Industry Context - The Communication - Infrastructure industry, to which Bandwidth belongs, is currently ranked in the top 13% of over 250 Zacks industries, suggesting a strong industry outlook [5] - DZS Inc., another company in the same industry, is expected to report quarterly earnings of $0.43 per share, reflecting a year-over-year increase of 530%, although its consensus EPS estimate has been revised 100% lower in the last 30 days [5]