Previous Close | 0.8400 |
Open | 1.6800 |
Bid | 0.8500 |
Ask | 0.9500 |
Strike | 30.00 |
Expire Date | 2024-08-16 |
Day's Range | 0.9500 - 1.7400 |
Contract Range | N/A |
Volume | |
Open Interest | 58 |
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?