Bandwidth (NASDAQ:BAND) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Bandwidth their estimated earnings by 212.5%, reporting an EPS of $0.25 versus an estimate of $0.08, which surprised analysts.
Revenue was up $45,880,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24, which was followed by a 3.9% drop in the share price the next day.
Here's a look at Bandwidth's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.08 | 0.01 | 0.04 | -0.02 |
| EPS Actual | 0.32 | 0.30 | 0.13 | 0.24 |
| Revenue Estimate | 116.48M | 108.34M | 96.72M | 75.80M |
| Revenue Actual | 120.66M | 113.48M | 113.05M | 84.76M |
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