Previous Close | 20.51 |
Open | 22.34 |
Bid | 22.71 x 100 |
Ask | 22.92 x 100 |
Day's Range | 22.32 - 25.02 |
52 Week Range | 9.34 - 25.02 |
Volume | |
Avg. Volume | 380,372 |
Market Cap | 616.463M |
Beta (5Y Monthly) | 1.46 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Shares of communications platform-as-a-service company Bandwidth (NASDAQ: BAND) jumped 19.2% in the morning session after the company reported a "beat and raise" quarter. Specifically, it was great to see Bandwidth's optimistic revenue guidance for the next quarter, which exceeded analysts' expectations. Full-year revenue guidance was raised. Its revenue, adjusted EBITDA, and EPS also outperformed Wall Street's estimates during the quarter. Overall, we think this was a strong quarter that should
Financial Performance Signals Strong Start to 2024
Bandwidth (BAND) delivered earnings and revenue surprises of 28.57% and 3.59%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?