CORRECTION: Bandwidth Sees Q4 Revenue $198M-$208M vs $189.67M Est., Sees FY24 Revenue $737M-$747M
Portfolio Pulse from Benzinga Newsdesk
Bandwidth has revised its Q4 revenue guidance to $198M-$208M, surpassing the previous estimate of $189.67M. The company also projects FY24 revenue to be between $737M and $747M.
October 31, 2024 | 10:39 am
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Bandwidth has increased its Q4 revenue guidance to $198M-$208M, exceeding the previous estimate of $189.67M. The FY24 revenue is projected to be between $737M and $747M.
The upward revision in revenue guidance for both Q4 and FY24 suggests stronger than expected performance, which is likely to positively impact Bandwidth's stock price in the short term.
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