Previous Close | 20.51 |
Open | 22.34 |
Bid | 16.93 x 200 |
Ask | 28.59 x 200 |
Day's Range | 22.32 - 24.00 |
52 Week Range | 9.34 - 24.00 |
Volume | |
Avg. Volume | 380,372 |
Market Cap | 644.791M |
Beta (5Y Monthly) | 1.46 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.64 |
Earnings Date | May 07, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 23.71 |
Financial Performance Signals Strong Start to 2024
Communications platform-as-a-service company Bandwidth (NASDAQ: BAND) reported results ahead of analysts' expectations in Q1 CY2024, with revenue up 24.1% year on year to $171 million. On top of that, next quarter's revenue guidance ($173 million at the midpoint) was surprisingly good and 4.1% above what analysts were expecting. It made a non-GAAP profit of $0.27 per share, improving from its profit of $0.04 per share in the same quarter last year.
Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the first quarter ended March 31, 2024.