Bandwidth Stock News

RALEIGH, N.C. , Jan. 21, 2025 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the fourth quarter and full year ended December 31, 2024 before market open on Thursday, February 20, 2025.

Shares have remained weak in recent months, despite strong growth and improving profitability in the underlying business. The market appears to be pricing in a significant growth deceleration due to the lack of political spending on the platform in 2025. Despite this headwind, I expect 8% year over year increase in Adjusted EBITDA and a 10% increase in FCF for FY25.

Cloud communications provider Twilio (TWLO 1.13%) has been one of the hottest stocks on the market during the past six months, clocking incredible gains of 94% as of this writing thanks to the company's improving growth profile, as well as the incredible addressable market it can tap.

Proven technology executive with significant sales, go-to-market and P&L leadership experience at large organizations RALEIGH, N.C. , Jan. 2, 2025 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced Devesh Agarwal as Chief Operating Officer, effective Jan. 1, 2025.

Bandwidth has shown a notable turnaround in Q3 with a 28% y/y revenue growth, driven partly by election-cycle messaging, and raised its FY24 outlook. Despite recent gains, Bandwidth remains a value stock with a 1.0x FY25 revenue multiple and a 6.5x EV/FY25 adjusted EBITDA multiple. The company's net revenue retention rate rebounded to 117% in Q3, indicating strong customer usage and upsell, wit...

Bandwidth Inc. (NASDAQ:BAND ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Sarah Walas - Vice President of Investor Relations David Morken - CEO Daryl Raiford - CFO John Bell - Chief Product Officer Conference Call Participants Jim Fish - Piper Sandler Will Power - Baird Pat Walravens - JMP Ryan Mac - Barclays Meta Marshall - Morgan Stanley David Morken Than...

Exceeded revenue and profitability guidance ranges Raising full year 2024 guidance for revenue and profitability RALEIGH, N.C. , Oct. 31, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the third quarter ended September 30, 2024.

RALEIGH, N.C. , Oct. 17, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the third quarter ended September 30, 2024 before market open on Thursday, October 31, 2024.