Bandwidth Inc. (BAND) reported Loss for fourth quarter of -$1.759 million
The company's bottom line totaled -$1.759 million, or -$0.06 per share. This compares with -$10.934 million, or -$0.42 per share, last year.
The company's revenue for the period rose 27.0% to $209.969 million from $165.386 million last year.
Bandwidth Inc. earnings at a glance (GAAP) :
-Earnings: -$1.759 Mln. vs. -$10.934 Mln. last year.
-EPS: -$0.06 vs. -$0.42 last year.
-Revenue: $209.969 Mln vs. $165.386 Mln last year.
Excluding items, fourth-quarter earnings were $11.564 million or $0.37 per share, higher than the previous year’s $10.824 million or $0.38 per share. On average, analysts polled had expected the firm to earn $0.39 per share. Analysts’ estimates typically exclude special items.
Looking ahead, Bandwidth expects its first-quarter and annual revenues to be below analysts’ expectations.
For the first quarter, the company expects revenue of $168 to $170 million, below analysts’ forecast of $182.72 million.
For the full-year 2025, Bandwidth anticipates revenue of $740 to $760 million, below Street view of $761.48 million.
BAND was down by 9.74 percent at $16.49 in the pre-market trade on the Nasdaq.
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