Welcome to our dedicated page for Bandwidth news (Ticker: BAND), a resource for investors and traders seeking the latest updates and insights on Bandwidth stock.
Bandwidth Inc. (NASDAQ: BAND) is a global cloud communications software and CPaaS company whose news flow centers on enterprise voice, messaging and AI-powered communications. As a public company, Bandwidth regularly issues press releases and SEC-related announcements about its financial results, platform developments and customer initiatives.
News about Bandwidth often includes quarterly earnings releases and related conference call details, where the company discusses revenue trends, usage-based communications activity and metrics such as Adjusted EBITDA. These updates provide insight into how demand for its Communications Cloud, voice and messaging services, and software-driven offerings is evolving over time.
Bandwidth’s news stream also highlights product and platform developments. Recent announcements have focused on its Bandwidth AI strategy, Voice AI offerings, AI-powered services such as AI Receptionist and AI Activation Agent, and integrations with technologies like OpenAI’s Realtime API to support conversational AI voice agents. The company also reports on enhancements to its Trust Services, Number Reputation Management and advanced messaging capabilities, as well as partnerships such as its collaboration with Out There Media to support RCS for Business campaigns.
In addition, Bandwidth publishes customer stories and event-related news. Examples include enterprise cloud migration case studies, customer roundtables on AI-era fraud and compliance, and details about Reverb, its annual product keynote and customer showcase. Investors and observers who follow BAND news can use this page to review these updates in one place and understand how Bandwidth positions its Communications Cloud, AI capabilities and trust-focused services in the global enterprise communications market.
Bandwidth Inc. (NASDAQ: BAND) issued a statement addressing a recent DDoS attack affecting its services and the VoIP industry. Following mitigation efforts, the network has stabilized, with normal service levels restored by Sept. 29. CEO David Morken acknowledged customer support during this challenging time and emphasized ongoing collaboration to enhance the industry's defenses against such attacks. The company is committed to transparency and integrity while working with clients to maintain robust communication services. Bandwidth aims to share insights gained from this incident to improve overall ecosystem security.
Bandwidth Inc. (NASDAQ: BAND) has announced its participation as a charter member of Zoom's Phone Provider Exchange, enhancing its role as a cloud peering collaborator. This program allows Zoom's enterprise customers to 'Bring Your Own Carrier' (BYOC), enabling them to work directly with Bandwidth for SIP trunking and emergency services. Bandwidth aims to provide scalable and flexible telecommunications solutions across multiple platforms, including Zoom, Microsoft Teams, and RingCentral, while maintaining compliance with crucial regulations.
Bandwidth Inc. (NASDAQ: BAND) announced its role in enhancing digital communication for property technology (PropTech) firms in the booming U.S. housing market. As buyers and sellers transition to digital tools, Bandwidth provides essential voice and messaging services to improve real estate transactions. Innovations include Clever Real Estate's agent selection platform, Rently's self-touring technology, and ShowingTime's online scheduling tool, enabling smoother processes and improved customer experiences.
Bandwidth Inc. (NASDAQ: BAND) has been recognized as one of the Best Places to Work in the Triangle, N.C., for the second consecutive year, based on employee engagement survey results. The company attributes its success to a strong mission-first culture, which has led to consistent customer satisfaction above 97%. This year, 25% of team members received promotions, and various wellness initiatives, such as 90-minute workout lunches and Mahalo Moments, emphasize employee health and well-being. The award highlights Bandwidth's commitment to fostering a positive workplace environment.
Bandwidth Inc. (NASDAQ: BAND) has been recognized as the top CPaaS provider in Omdia's SIP Trunking Service Provider Scorecard for 2021. Bandwidth ranks third overall, outperforming competitors like Twilio and Inteliquent. The company demonstrated strong market momentum with significant growth attributed to the acquisition of Voxbone. Analysts commend Bandwidth for its excellence in security, reliability, and flexible API solutions, essential for modern business communications.
Bandwidth (NASDAQ: BAND), a leading global enterprise communications platform, announced its participation in several upcoming virtual investor conferences. Key events include a fireside chat with President Marina Carreker and CFO Jeff Hoffman at the KeyBanc Technology Leadership Forum on August 10 at 1:20 PM ET, and another chat with President Carreker at the Canaccord Genuity 41st Annual Growth Conference on August 11 at 4:30 PM ET. Investor meetings will also be hosted by VP Investor Relations Sarah Walas on September 9. Live webcasts will be available on the company’s Investor Relations website.
Bandwidth reported its Q2 2021 results, achieving a 57% year-over-year growth in total revenue, reaching $120.7 million. CPaaS revenue also increased by 57% to $105.0 million, driven by robust demand and the acquisition of Voxbone. Non-GAAP net income rose to $8.6 million or $0.32 per share, compared to $3.1 million the previous year. Despite a net loss of $(6.9) million, the company reported a 114% dollar-based net retention rate and forecasted Q3 total revenue between $123.6 million and $124.6 million.
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Bandwidth (NASDAQ: BAND) announced a new "Bring Your Own Carrier" (BYOC) solution for RingCentral (NYSE: RNG) that enhances its Duet platform. This solution helps large enterprises transition their legacy communications to the cloud, enabling greater flexibility and control. With nearly 40% of companies on-premises planning a cloud migration by 2021, Bandwidth's offering aims to address migration challenges. The BYOC solution integrates Bandwidth's services with RingCentral's capabilities, supporting global communications and operational efficiencies.
Bandwidth Inc. (NASDAQ: BAND) announced it will release its second-quarter financial results on August 5, 2021, after market close. A conference call for investors and analysts will follow at 5:00 p.m. ET the same day. To join, U.S. callers can dial (877) 224-6304, and international callers can reach (212) 231-2908. An audio replay will be available after the call until August 12, 2021. Bandwidth is recognized for its cloud communications services, partnering with major companies like Cisco and Google.