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

Bandwidth

02/05/2023 23:02

* Bandwidth Inc  BAND.OQ  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
one cent per share.
    * Revenue rose 4.9% to $137.84 million from a year ago;
analysts
expected $133.08 million. 
    * Bandwidth Inc's reported EPS for the quarter was a loss
of 28
cents​.
    * The mean earnings estimate of analysts had fallen by
about 82.7%
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 19.7% this quarter and
lost 46.8% so far this year.
    * The company reported a quarterly loss of $8.09 million.
    * Wall Street's median 12-month price target for Bandwidth
Inc is
$23.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.01           0.05           Beat
 Dec. 31 2022      0.04           0.19           Beat
 Sep. 30 2022      0.03           0.27           Beat
 Jun. 30 2022      -0.06          -0.04          Beat