Bandwidth Inc reports results for the quarter ended in June - Earnings Summary

Bandwidth

06/08/2021 24:27

* Bandwidth Inc  BAND.OQ  reported quarterly adjusted earnings
of 32 cents​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for earnings
of 9 cents per share.
* Revenue rose 57.1% to $120.66 million from a year ago; 
analysts expected $116.48 million. 
* Bandwidth Inc's reported EPS for the quarter was a loss of 28
cents​.
* The mean earnings estimate of analysts had risen by
about 27.6% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Bandwidth Inc shares had fallen by 7.7% this quarter and
lost 17.2% so far this year.
* The company reported a quarterly loss of $6.93 million.
* Wall Street's median 12-month price target for Bandwidth Inc
is $167.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 5 at 11:27 p.m.  ​All
figures in US dollars unless otherwise stated