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

Bandwidth

04/05/2022 22:03

* Bandwidth Inc  BAND.OQ  reported quarterly adjusted
earnings of
9 cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 15.8% to $131.36 million from a year ago; 
analysts
expected $125.96 million. 
    * Bandwidth Inc's reported EPS for the quarter was a loss
of 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 214%
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 28.9% this quarter and
lost 67.9% so far this year.
    * The company reported a quarterly loss of $6.81 million.
    * Wall Street's median 12-month price target for Bandwidth
Inc is
$48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 09:02 p.m.  ​All
figures in US dollars unless otherwise stated