Bandwidth (BAND) to Release Quarterly Earnings on Wednesday

Bandwidth (NASDAQ:BAND) is projected to announce its Q1 2025 earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $168.96 million for the quarter. Bandwidth has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Bandwidth (NASDAQ:BAND) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.36). The business had revenue of $209.97 million for the quarter, compared to analysts’ expectations of $203.68 million. Bandwidth had a negative net margin of 0.87% and a positive return on equity of 0.53%. During the same period in the previous year, the company earned $0.38 EPS. On average, analysts expect Bandwidth to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bandwidth Trading Up 2.1 %

Bandwidth stock opened at $12.89 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.90. Bandwidth has a 12-month low of $11.33 and a 12-month high of $25.02. The firm has a market capitalization of $368.96 million, a price-to-earnings ratio of -22.61 and a beta of 1.89. The firm has a 50 day moving average of $13.89 and a 200 day moving average of $16.80.

Insider Buying and Selling at Bandwidth

In other Bandwidth news, General Counsel Richard Brandon Asbill sold 5,629 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $15.70, for a total transaction of $88,375.30. Following the completion of the transaction, the general counsel now owns 57,475 shares of the company’s stock, valued at $902,357.50. This represents a 8.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Devin M. Krupka sold 3,770 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $15.70, for a total transaction of $59,189.00. Following the transaction, the insider now directly owns 19,188 shares of the company’s stock, valued at $301,251.60. This trade represents a 16.42 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 63,721 shares of company stock valued at $992,965 in the last 90 days. Insiders own 6.20% of the company’s stock.

Analysts Set New Price Targets

BAND has been the topic of several recent analyst reports. Morgan Stanley decreased their price objective on shares of Bandwidth from $18.00 to $11.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 16th. Barclays cut their price target on Bandwidth from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Friday, February 21st. William Blair reiterated an “outperform” rating on shares of Bandwidth in a research note on Friday, February 21st. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Bandwidth in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.17.

Bandwidth Company Profile

Bandwidth is a leading enterprise cloud communications company. Companies like Cisco, Google, Microsoft, RingCentral, Uber, and Zoom use Bandwidth’s APIs to easily embed voice, messaging, and emergency services into software and applications. Bandwidth is the first and only CPaaS provider offering a robust selection of communications APIs built around their own IP voice network.