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
CEO, Co-Founder
Jeff Hoffman
Chief Financial Officer
Chris Chuang
Chief Operating Officer
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 nine months ended 30 September 2018, Bandwidth Inc revenues increased 26% to $151.8M. Net income applicable to common stockholders increased from $5.7M to $19.2M. Revenues reflect CpaaS segment increase of 25% to $120.3M, Other segment increase of 32% to $31.5M, United States segment increase of 15% to $138M. Net income benefited from Other expense, net increase from $2M (expense) to $242K (income).
Employees: 378 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $788.11M as of Sep 30, 2018
Annual revenue (TTM): $194.24M as of Sep 30, 2018
EBITDA (TTM): $17.78M as of Sep 30, 2018
Net annual income (TTM): $20.90M as of Sep 30, 2018
Free cash flow (TTM): $17.29M as of Sep 30, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 19,354,917 as of Oct 22, 2018
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization