Bandwith Sees FY24 Revenue $710M-$720M Vs $701.098M Est.
Portfolio Pulse from Benzinga Newsdesk
Bandwidth Inc. projects its FY24 revenue to be between $710M and $720M, surpassing the estimated $701.098M.
May 07, 2024 | 11:08 am
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POSITIVE IMPACT
Bandwidth Inc. anticipates higher FY24 revenue than analysts estimated, indicating potential growth.
Bandwidth Inc.'s projection of FY24 revenue exceeding analyst estimates suggests confidence in their business growth and operational efficiency. This positive outlook is likely to instill investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100