BAND Q3 2024 Earnings — Bandwidth Inc. Revenue & Financial Results | Market Cap Arena

BANDBandwidth Inc.

$496M

Q3 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$194M+27.5% YoY

Gross Profit

$73M37.7% margin

Operating Income

-$898,000-0.5% margin

Net Income

$413,0000.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+11.7%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$14M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$693M

Stockholders' Equity

$337M

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$194M	$152M	+27.5%
Gross Profit	$73M	$59M	+22.9%
Operating Income	-$898,000	-$6M	+85.4%
Net Income	$413,000	-$5M	+108.1%

Geographic Segments

North America

$170M88%

Non North America

$24M12%