Recap: Bandwidth Q1 Earnings

Bandwidth BAND reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Bandwidth beat estimated earnings by 212.5%, reporting an EPS of $0.09 versus an estimate of $-0.08.

Revenue was up $17.89 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22 which was followed by a 32.1% drop in the share price the next day.

Here's a look at Bandwidth's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.13 0.08 0.08 0.01
EPS Actual 0.09 0.25 0.32 0.30
Revenue Estimate 118.11M 124.58M 116.48M 108.34M
Revenue Actual 126.13M 130.64M 120.66M 113.48M

To track all earnings releases for Bandwidth visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!