Bandwidth Q3 2024 Adj. EPS $0.43 Beats $0.32 Estimate, Sales $194M Beat $181.992M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bandwidth (NASDAQ:BAND) reported Q3 2024 earnings of $0.43 per share, surpassing the $0.32 estimate, and sales of $194M, exceeding the $181.992M estimate. This marks a 27.62% increase in sales from the previous year.
October 31, 2024 | 10:30 am
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POSITIVE IMPACT
Bandwidth's Q3 2024 earnings and sales significantly exceeded analyst expectations, with a 34.37% EPS beat and a 6.60% sales beat, indicating strong financial performance.
Bandwidth's earnings per share and sales both exceeded analyst expectations by significant margins, suggesting strong operational performance and potential positive investor sentiment. The 27.62% year-over-year sales increase further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100