BAND Q2 2023 Earnings — Bandwidth Inc. Revenue & Financial Results | Market Cap Arena

BANDBandwidth Inc.

$496M

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$146M+6.9% YoY

Gross Profit

$59M40.4% margin

Operating Income

-$8M-5.2% margin

Net Income

-$4M-2.7% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$917M

Total Liabilities

$625M

Stockholders' Equity

$292M

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$136M	+6.9%
Gross Profit	$59M	$55M	+6.4%
Operating Income	-$8M	-$9M	+16.9%
Net Income	-$4M	-$6M	+37.7%

Geographic Segments

North America

$124M85%

Non North America

$21M15%