earnings
confidence high
sentiment positive
materiality 0.75
Bandwidth Q4 total revenue $126M (+11% YoY); full year revenue $491M (+43% YoY)
Bandwidth Inc.
2021-FY EPS reported
-$1.09
revenue$490,907,000
- Full year total revenue $491M, up 43% YoY; CPaaS revenue $414M, up 39% YoY.
- Q4 total revenue $126M vs $113M YoY; net loss $8M ($0.33/sh) vs $20M ($0.81/sh) prior year.
- Full year GAAP net loss $27M ($1.09/sh) vs $44M ($1.83/sh); Non-GAAP net income $26M ($0.97/sh) vs $14M ($0.55/sh).
- Q4 Non-GAAP net income $2M ($0.09/sh); Adjusted EBITDA $8M flat YoY; Non-GAAP gross margin 47% vs 49% prior year.
- CPaaS gross margin improved to 48% in Q4 (47% prior year); non-GAAP CPaaS gross margin 53% vs 51% prior year.