Bandwidth Announces First Quarter 2024 Financial Results
Bandwidth Inc. - Class A (BAND)
Last bandwidth inc. - class a earnings: 4/30 04:05 pm
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US:NASDAQ Investor Relations:
investors.bandwidth.com/investor-relations
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Source: PR Newswire
Exceeded revenue and profitability guidance rangesRaising full year 2024 guidance for revenue and profitabilityUpsized revolving credit facility to $100 million with 5 year termRepurchased $140 million of 2026 convertible notes at a discountRALEIGH, N.C., May 7, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the first quarter ended March 31, 2024."We've had an impressive start to 2024, exceeding our initial forecasts and raising our projections for the remainder of the year. Our direct-to-enterprise business has shown robust growth, marking a 20 percent increase in the first quarter," said David Morken, CEO of Bandwidth. "The combination of our innovative Maestro™ platform, global presence and award-winning customer service are greatly valued by our customers and differentiate us in the market. Looking ahead, we are dedicated to leveraging our communications cloud to revolutionize ente
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News
- Bandwidth Inc. (NASDAQ: BAND) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Bandwidth 'The Texties' Award Winners and Finalists Honored for Innovation, Impact in Business Messaging [Yahoo! Finance]Yahoo! Finance
- Bandwidth 'The Texties' Award Winners and Finalists Honored for Innovation, Impact in Business MessagingPR Newswire
- Bandwidth Inc. (NASDAQ: BAND) had its price target raised by analysts at JMP Securities from $32.00 to $36.00. They now have a "market outperform" rating on the stock.MarketBeat
- Bandwidth Inc. (NASDAQ: BAND) had its price target raised by analysts at Barclays PLC from $22.00 to $28.00. They now have an "overweight" rating on the stock.MarketBeat
BAND
Earnings
- 5/7/24 - Beat
BAND
Sec Filings
- 5/15/24 - Form 4
- 5/14/24 - Form 4
- 5/13/24 - Form 4
- BAND's page on the SEC website