BAND Q3 2023 Earnings — Bandwidth Inc. Revenue & Financial Results | Market Cap Arena

BANDBandwidth Inc.

$496M

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$152M+2.5% YoY

Gross Profit

$59M39.1% margin

Operating Income

-$6M-4.0% margin

Net Income

-$5M-3.4% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$18M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$790M

Stockholders' Equity

$280M

Cash & Equivalents

$108M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$148M	+2.5%
Gross Profit	$59M	$63M	-6.2%
Operating Income	-$6M	-$1M	-343.2%
Net Income	-$5M	-$802,000	-539.7%

Geographic Segments

North America

$131M86%

Non North America

$21M14%