BAND Q2 2024 Earnings — Bandwidth Inc. Revenue & Financial Results | Market Cap Arena

BANDBandwidth Inc.

$496M

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$174M+19.0% YoY

Gross Profit

$65M37.3% margin

Operating Income

-$6M-3.5% margin

Net Income

$4M2.3% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$18M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$695M

Stockholders' Equity

$307M

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$174M	$146M	+19.0%
Gross Profit	$65M	$59M	+10.0%
Operating Income	-$6M	-$8M	+19.2%
Net Income	$4M	-$4M	+204.2%

Geographic Segments

North America

$152M87%

Non North America

$22M13%