Bandwidth: Q4 Financial Results Overview

Bandwidth Inc. Reports Fourth Quarter Financial Results

Bandwidth Inc., headquartered in Raleigh, North Carolina, announced a net loss of $3 million for the fourth quarter.

On a per-share basis, the company recorded a loss of $0.10. When excluding certain one-time items, adjusted earnings reached $0.35 per share.

These adjusted earnings matched the consensus forecast from four analysts polled by Zacks Investment Research, who also projected $0.35 per share.

The software company generated $207.7 million in revenue during the quarter, exceeding analyst expectations of $207.2 million.

For the full year, Bandwidth reported a deeper net loss of $12.9 million, or $0.43 per share, with total revenue amounting to $753.8 million.

Outlook for the Next Quarter and Full Year

• For the first quarter ending in March, Bandwidth anticipates earnings per share between $0.30 and $0.32.
• Projected revenue for the first quarter is expected to fall between $200 million and $203 million.
• For the entire year, the company forecasts earnings per share in the range of $1.66 to $1.74, with revenue expected between $864 million and $884 million.

Stock Performance

Since the start of the year, Bandwidth’s stock price has dropped by 16%. Over the past twelve months, shares have declined by 31%.