earnings
confidence high
sentiment negative
materiality 0.70
Bandwidth Q1 revenue $131M (+16% YoY); GAAP net loss widens to $0.27/shr
Bandwidth Inc.
2022-Q1 EPS reported
-$0.27
revenue$131,364,000
- Revenue $131M, up 16% YoY; dollar-based net retention rate 114%.
- GAAP net loss $7M ($0.27 loss per share) vs $5M loss in Q1 2021.
- Non-GAAP net income $3M ($0.09/shr) vs $8M ($0.30/shr) a year ago.
- Gross margin 42% (down 300 bps YoY); Non-GAAP gross margin 53% (up 100 bps).