Bandwidth (NASDAQ:BAND) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Bandwidth beat estimated earnings by 212.5%, reporting an EPS of $0.09 versus an estimate of $-0.08.
Revenue was up $17.89 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22 which was followed by a 32.1% drop in the share price the next day.
Here's a look at Bandwidth's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | 0.08 | 0.08 | 0.01 |
| EPS Actual | 0.09 | 0.25 | 0.32 | 0.30 |
| Revenue Estimate | 118.11M | 124.58M | 116.48M | 108.34M |
| Revenue Actual | 126.13M | 130.64M | 120.66M | 113.48M |
To track all earnings releases for Bandwidth visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
