Bandwidth Q2 revenue $136M beats expectations; net loss narrows to $6M

Bandwidth Inc.

2022-Q2 EPS reported -$0.52 revenue$267,853,000

Total revenue $136M for Q2 2022, up 12.4% from $121M in Q2 2021.
GAAP net loss narrowed to $6M ($0.25 loss per share) from $7M ($0.28 loss).
Non-GAAP net loss $1M ($0.04 loss per share) vs non-GAAP net income $9M ($0.32 per share).
GAAP gross margin 41% (down 3pp YoY); Non-GAAP gross margin 53% (up 2pp).
CEO cites operating discipline and enterprise customer wins despite macro uncertainty.

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