earnings
confidence high
sentiment negative
materiality 0.80
Bandwidth Q3 preliminary revenue beats guidance at ~$131M; DDoS attack may cut FY CPaaS by $9M-$12M
Bandwidth Inc.
2021-Q3 EPS reported
-$0.77
revenue$364,775,000
- Preliminary Q3 consolidated revenue ~$131M (+54% YoY), above guidance of $123.6M-$124.6M.
- Q3 CPaaS revenue ~$107.4M (+46% YoY), above guidance $106.1M-$107.1M.
- DDoS attack reduced Q3 revenue by ~$0.7M; full year CPaaS impact estimated $9M-$12M.
- Company will adjust full year 2021 outlook downward due to lost volume from attack.