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.
Circonus has appointed Noreen Allen as its new CMO and Head of Strategy as of February 3, 2023. With over 20 years of experience in scaling tech companies, Allen previously served as CMO of Bandwidth (NASDAQ: BAND), where she helped increase revenue to $500M and led the company through a successful IPO. CEO Bob Moul highlighted Allen's transformational leadership and extensive experience in driving growth. Circonus aims to leverage its enhanced platform and strong customer base, including HBO and Major League Baseball, to capture the growing demand for monitoring and observability solutions.
Bandwidth Inc. (NASDAQ: BAND) will disclose its financial results for Q4 and the full year ending December 31, 2022, before markets open on February 23, 2023. Alongside this announcement, a virtual Investor Day is scheduled for the same date from 8:30 AM to 10:00 AM ET, featuring presentations by key executives including CEO David Morken. Investors can register for the event online and access a replay post-event on Bandwidth's investor relations website. Bandwidth is recognized for its cloud communications solutions, supporting prominent companies like Cisco and Google with its robust APIs.
Bandwidth (NASDAQ: BAND) reported robust third-quarter 2022 results, surpassing revenue and non-GAAP EPS guidance. Revenue rose to $148 million from $131 million year-over-year, with a non-GAAP net income of $8 million. The company raised its full-year revenue outlook to $562-$564 million and non-GAAP EPS to $0.35-$0.37. Despite a slight decrease in gross margin, customer demand remained strong, contributing to a dollar-based net retention rate of 109%. Bandwidth also announced a significant repurchase of $160 million convertible notes at a discount, signaling strong cash management.
Bandwidth Inc. (NASDAQ: BAND) announces it will report its Q3 2022 financial results on November 1, 2022, after market close. The earnings call will be held at 5:00 p.m. Eastern Time, available via a live webcast on the company's Investor Relations website. A replay of the conference call will be offered until November 8, 2022. Bandwidth is a leading global communications software company, serving major clients like Cisco and Google by providing cloud-based voice, messaging, and emergency services.
Bandwidth (NASDAQ: BAND) has launched Call Assure™, a unique disaster recovery solution for U.S. toll-free calls. This service enhances their existing 5x-redundant toll-free offering by providing alternative routing independent of core networks, thus ensuring reliability during disruptions like natural disasters or cyberattacks. Call Assure simplifies management by allowing end-to-end control over toll-free numbers, supported by 24/7 monitoring and immediate re-routing. Bandwidth aims to improve customer experiences, as voice calls remain the preferred support channel for 68% of consumers.
Bandwidth (NASDAQ: BAND) has expanded its partnership with GoTo, making it the primary global communications provider for GoTo's services. This collaboration will supply GoTo with a comprehensive suite of cloud-native voice, messaging, and emergency services, aimed at supporting nearly one million customers. GoTo's expansion strategy includes enhancing its unified communications platform, GoTo Connect, to ensure reliability and scalability as it grows into new markets.
Bandwidth (NASDAQ: BAND) announced the launch of Send-To, a new messaging app that enables enterprise users to send SMS texts directly from Microsoft Teams, enhancing work collaboration. This app expands on Bandwidth's Duet offering, streamlining communications and reducing the reliance on personal devices for business messaging. Camden Property Trust is among the first users, reporting a significant reduction in recruiting time. The Send-To app aims to improve efficiency, privacy, and user control, solidifying Bandwidth's partnership with Microsoft for cloud communication solutions.
Bandwidth Inc. (NASDAQ: BAND) reported its second quarter 2022 results, delivering total revenue of $136 million, an increase from $121 million in Q2 2021. The gross margin for the quarter was 41%, down from 44% year-over-year, while net loss narrowed to $6 million compared to $7 million a year prior. The company maintained its full-year guidance, projecting total revenue between $551 million to $557 million. Bandwidth showcased its commitment to enterprise customers, gaining multiple high-profile clients and achieving global ISO 27001:2013 certification for information security.
Bandwidth Inc. (NASDAQ: BAND), a global enterprise cloud communications company, will report its second-quarter financial results for the period ending June 30, 2022, after market close on August 3, 2022. A live webcast of the earnings call will occur on the same date at 5:00 p.m. Eastern Time, with details available on their Investor Relations website. The call will include a Q&A session, and a replay will be accessible shortly after. Bandwidth provides cloud-ready voice, messaging, and emergency services with a network covering over 60 countries.
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