Bandwidth Inc (OQ:BAND)

Business Focus: Integrated Telecommunications Services

Sector:  Telecommunication Services Industry:  Integrated Telecommunications Services
See Regulatory Filings on SEC
Company Contact
Address: 900 Main Campus Dr
RALEIGH NC 27606-5177
Tel: N/A
IR: See website
Key People
David A. Morken
Chairman of the Board, Chief Executive Officer, Co-Founder
Jeff A. Hoffman
Chief Financial Officer
Rebecca Bottorff
Chief People Officer
Noreen Allen
Chief Marketing Officer
W. Christopher Matton
General Counsel, Secretary
Business Overview
Bandwidth Inc., formerly, Inc., is a cloud-based communications platform-as-a-service provider (CPaaS) that enables enterprises to create, scale and operate voice or text communications services across any mobile application or connected device or enterprises. The Company has two operating and reportable segments, CPaaS and Other. The Company's solutions include a broad range of software APIs for voice and text functionality and IP voice network. The Company's sophisticated and easy-to-use software APIs allow enterprises to enhance their products and services by incorporating advanced voice and text capabilities. The Company offers advanced monitoring, reporting and analytics, superior customer service, dedicated operating teams, and personalized support.
Financial Overview
For the three months ended 31 March 2020, Bandwidth Inc revenues increased 29% to $68.5M. Net loss totaled $1.1M vs. income of $2M. Revenues reflect CpaaS segment increase of 31% to $59.1M, Other segment increase of 13% to $9.4M, United States segment increase of 25% to $66.5M, International segment increase from $148K to $2M. Net loss reflects Research & Development - Balancing value increase of 23% to $9M (expense).
Employees: 772 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $2,521M as of Mar 31, 2020
Annual revenue (TTM): $247.79M as of Mar 31, 2020
EBITDA (TTM): -$3.71M as of Mar 31, 2020
Net annual income (TTM): -$0.56M as of Mar 31, 2020
Free cash flow (TTM): -$28.18M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 23,859,744 as of Apr 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization