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

Bandwidth

01/11/2022 22:01

* Bandwidth Inc  BAND.OQ  reported quarterly adjusted
earnings of
27 cents​​ per share for the quarter ended in September. The
mean expectation of ten analysts for the quarter was
for earnings of 3 cents per share.
    * Revenue rose 13.5% to $148.33 million from a year ago;
analysts
expected $140.90 million. 
    * Bandwidth Inc's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 21.5%
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 0.3% this quarter and
lost 83.5% so far this year.
    * The company reported a quarterly loss of $802 thousand.
    * Wall Street's median 12-month price target for Bandwidth
Inc is
$24.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.03           0.27           Beat
 Jun. 30 2022      -0.06          -0.04          Beat
 Mar. 31 2022      -0.08          0.09           Beat
 Dec. 31 2021      -0.13          0.09           Beat