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 fiscal year ended 31 December 2018, Bandwidth Inc revenues increased 25% to $204.1M. Net income applicable to common stockholders excluding extraordinary items increased from $7.4M to $17.9M. Revenues reflect CpaaS segment increase of 25% to $164.4M, Other segment increase of 26% to $39.7M. Basic Earnings per Share excluding Extraordinary Items increased from $0.59 to $0.97.
Employees: 611 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,303M as of Dec 31, 2018
Annual revenue (TTM): $204.11M as of Dec 31, 2018
EBITDA (TTM): $12.58M as of Dec 31, 2018
Net annual income (TTM): $17.92M as of Dec 31, 2018
Free cash flow (TTM): $10.19M as of Dec 31, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 19,798,582 as of Jan 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization