Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provides in the United States. The company operates through two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or text communications services across mobile application or connected device. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, small and medium-sized businesses, technology companies, and other business. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:BAND
CUSIPN/A
Phone800-808-5150
Debt
Debt-to-Equity RatioN/A
Current Ratio3.17
Quick Ratio3.17
Price-To-Earnings
Trailing P/E Ratio81.37
Forward P/E Ratio-284.79
P/E GrowthN/A
Sales & Book Value
Annual Sales$162.96 million
Price / Sales4.34
Cash Flow$0.7919 per share
Price / Cash50.35
Book Value$4.35 per share
Price / Book9.17
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees378
Outstanding Shares17,720,000
Bandwidth (NASDAQ:BAND) Frequently Asked Questions
What is Bandwidth's stock symbol?
Bandwidth trades on the NASDAQ under the ticker symbol "BAND."
How were Bandwidth's earnings last quarter?
Bandwidth Inc (NASDAQ:BAND) released its earnings results on Wednesday, May, 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.02. The company earned $53 million during the quarter, compared to analyst estimates of $47.19 million. Bandwidth's revenue was up 33.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share. View Bandwidth's Earnings History.
When is Bandwidth's next earnings date?
What guidance has Bandwidth issued on next quarter's earnings?
Bandwidth issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share (EPS) guidance of $0.00-($0.11) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.06). The company issued revenue guidance of $193.1-194.6 million, compared to the consensus revenue estimate of $189.15 million.Bandwidth also updated its Q2 guidance to ($0.11-0.14) EPS.
What price target have analysts set for BAND?
6 equities research analysts have issued 1-year target prices for Bandwidth's shares. Their forecasts range from $30.00 to $42.00. On average, they expect Bandwidth's stock price to reach $38.00 in the next year. View Analyst Ratings for Bandwidth.
Who are some of Bandwidth's key competitors?
Some companies that are related to Bandwidth include BlackLine (BL), Q2 (QTWO), Appian (APPN), Mimecast (MIME), Cogent Communications (CCOI), Alteryx (AYX), Descartes Systems Group (DSGX), Sailpoint Technologies (SAIL), Cyberark Software (CYBR), Carbon Black (CBLK), Altair Engineering (ALTR), Varonis Systems (VRNS), Cloudera (CLDR), AppFolio (APPF) and AlarmCom (ALRM).
Who are Bandwidth's key executives?
Bandwidth's management team includes the folowing people:
- Mr. David A. Morken, Co-Founder, CEO & Chairman (Age 49)
- Mr. John C. Murdock, Pres & Director (Age 53)
- Mr. Jeff Hoffman, CFO & Principal Accounting Officer (Age 49)
- Mr. W. Christopher Matton J.D., Gen. Counsel (Age 48)
- Mr. Steve Leonard, Chief Operating Officer (Age 43)
When did Bandwidth IPO?
(BAND) raised $84 million in an IPO on Friday, November 10th 2017. The company issued 4,000,000 shares at a price of $20.00-$22.00 per share. Morgan Stanley, KeyBanc Capital Markets and Baird acted as the underwriters for the IPO and Canaccord Genuity and JMP Securities were co-managers.
When did the company's lock-up period expire?
Bandwidth's lock-up period expired on Wednesday, May 9th. Bandwidth had issued 4,000,000 shares in its initial public offering on November 10th. The total size of the offering was $80,000,000 based on an initial share price of $20.00. Since the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.
Has Bandwidth been receiving favorable news coverage?
News headlines about BAND stock have trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bandwidth earned a media sentiment score of 0.10 on Accern's scale. They also gave news headlines about the company an impact score of 44.98 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Bandwidth's major shareholders?
Bandwidth's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.81%), Wasatch Advisors Inc. (0.56%), Vista Equity Partners Management LLC (0.54%), Spark Investment Management LLC (0.25%), Russell Investments Group Ltd. (0.22%) and EAM Global Investors LLC (0.21%). Company insiders that own Bandwidth stock include Carmichael Bandwidth Llc, Henry R Kaestner, James A Bowen and John C Murdock. View Institutional Ownership Trends for Bandwidth.
Which major investors are selling Bandwidth stock?
BAND stock was sold by a variety of institutional investors in the last quarter, including Vista Equity Partners Management LLC, Millennium Management LLC and BlackRock Inc.. Company insiders that have sold Bandwidth company stock in the last year include Carmichael Bandwidth Llc, Henry R Kaestner, James A Bowen and John C Murdock. View Insider Buying and Selling for Bandwidth.
Which major investors are buying Bandwidth stock?
BAND stock was acquired by a variety of institutional investors in the last quarter, including EAM Global Investors LLC, LPL Financial LLC, Pendal Group Ltd, Spark Investment Management LLC, Russell Investments Group Ltd., Wasatch Advisors Inc., Archon Capital Management LLC and Wedbush Securities Inc.. View Insider Buying and Selling for Bandwidth.
How do I buy shares of Bandwidth?
Shares of BAND can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bandwidth's stock price today?
One share of BAND stock can currently be purchased for approximately $39.87.
How big of a company is Bandwidth?
Bandwidth has a market capitalization of $698.68 million and generates $162.96 million in revenue each year. The company earns $5.97 million in net income (profit) each year or $0.49 on an earnings per share basis. Bandwidth employs 378 workers across the globe.
How can I contact Bandwidth?
Bandwidth's mailing address is 900 MAIN CAMPUS DRIVE, RALEIGH NC, 27606. The company can be reached via phone at 800-808-5150.
MarketBeat Community Rating for Bandwidth (BAND)
MarketBeat's community ratings are surveys of what our community members think about Bandwidth and other stocks. Vote "Outperform" if you believe BAND will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BAND will underperform the S&P 500 over the long term. You may vote once every thirty days.
