bandwidth is a software company that’s transforming the way people communicate and challenging the standards of old telecom. together with our customers, we’re unlocking remarkable value, questioning the status quo, and helping people interact with technology and one another, oftentimes in ways they never dreamed possible. haven’t heard of bandwidth? well you’ve probably used one of our products before. we power some of the most important communications technologies on the market today—names like google, skype and ring central to name a few. at bandwidth, we’ve got a passion for doing things the other way – imagining what they could be and uncovering opportunities to take a new approach to create what should be. we’re out to disrupt the century-old rules of the telecom industry—and that means doing things differently in every area of our business. it’s in the way we treat our people, and how we create with our customers. whether our engineering teams are crunching code during all-night
Company profile
Ticker
BAND
Exchange
Website
CEO
David Morken
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
Bandwidth.com, Inc.
SEC CIK
Corporate docs
Subsidiaries
Bandwidth.com CLEC, LLC • Ohana Child Development, LLC • UK Bandwidth Limited • DE Bandwidth GmbH • Bandwidth Communications Canada, Inc. • Voice Bidco Limited • Voxbone S.A. • Voxbone US LLC • Voxbone Panama Inc. • Voxbone Telekomunikasyon ve Iletisim Hizmetleri Ticaret Limited ...
BAND stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
9 Apr 24
DEFA14A
Additional proxy soliciting materials
9 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
8-K
Investor Presentation FEBRUARY 2024
29 Feb 24
8-K
Bandwidth Announces Fourth Quarter and Full Year 2023
28 Feb 24
10-K
2023 FY
Annual report
28 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Bandwidth Announces Third Quarter 2023 Financial Results
2 Nov 23
S-8
Registration of securities for employees
3 Aug 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
Transcripts
BAND
Earnings call transcript
2023 Q4
28 Feb 24
BAND
Earnings call transcript
2023 Q3
2 Nov 23
BAND
Earnings call transcript
2023 Q2
2 Aug 23
BAND
Earnings call transcript
2023 Q1
2 May 23
BAND
Earnings call transcript
2022 Q4
23 Feb 23
BAND
Earnings call transcript
2022 Q3
2 Nov 22
BAND
Earnings call transcript
2022 Q2
4 Aug 22
BAND
Earnings call transcript
2022 Q1
5 May 22
BAND
Earnings call transcript
2021 Q4
24 Feb 22
BAND
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
4
Devin M Krupka
16 Apr 24
4
John C. Murdock
8 Apr 24
4
Kade Ross
3 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
4
Devin M Krupka
25 Mar 24
4
Anthony Bartolo
25 Mar 24
4
Rebecca Bottorff
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
Devin M Krupka
5 Mar 24
4
Kade Ross
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 107.63 mm | 107.63 mm | 107.63 mm | 107.63 mm | 107.63 mm | 107.63 mm |
Cash burn (monthly) | (no burn) | 4.97 mm | 2.05 mm | 2.70 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 33.83 mm | 13.94 mm | 18.39 mm | n/a | n/a |
Cash remaining | n/a | 73.80 mm | 93.69 mm | 89.24 mm | n/a | n/a |
Runway (months of cash) | n/a | 14.8 | 45.7 | 33.0 | n/a | n/a |
Institutional ownership, Q3 2023
69.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 157 |
Opened positions | 28 |
Closed positions | 13 |
Increased positions | 40 |
Reduced positions | 47 |
13F shares | Current |
---|---|
Total value | 192.38 bn |
Total shares | 17.26 mm |
Total puts | 118.00 k |
Total calls | 256.40 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.69 mm | $30.35 bn |
Vanguard | 1.48 mm | $16.68 bn |
STT State Street | 806.63 k | $9.09 bn |
Dimensional Fund Advisors | 765.58 k | $8.63 bn |
BK Bank Of New York Mellon | 675.95 k | $7.62 bn |
Jacobs Levy Equity Management | 622.98 k | $7.02 bn |
AMP Ameriprise Financial | 573.23 k | $6.46 bn |
Nuveen Asset Management | 538.28 k | $6.07 bn |
Citadel Advisors | 496.45 k | $5.59 bn |
Smith, Graham & Co., Investment Advisors | 487.92 k | $5.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Devin M Krupka | Class A Common Stock | Sell | Dispose S | No | Yes | 16.96 | 25 | 424.00 | 9,762 |
14 Apr 24 | Devin M Krupka | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 80 | 0.00 | 9,787 |
14 Apr 24 | Devin M Krupka | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 80 | 0.00 | 0 |
1 Apr 24 | Kade Ross | Class A Common Stock | Sell | Dispose S | No | Yes | 17.8426 | 3,500 | 62.45 k | 25,365 |
22 Mar 24 | Devin M Krupka | Class A Common Stock | Sell | Dispose S | No | Yes | 18.7527 | 546 | 10.24 k | 9,707 |
22 Mar 24 | Anthony Bartolo | Class A Common Stock | Sell | Dispose S | No | Yes | 18.7527 | 7,798 | 146.23 k | 76,469 |
21 Mar 24 | Devin M Krupka | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 1,842 | 0.00 | 10,253 |
21 Mar 24 | Devin M Krupka | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 1,842 | 0.00 | 3,684 |
21 Mar 24 | Anthony Bartolo | Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 26,096 | 0.00 | 84,267 |
21 Mar 24 | Anthony Bartolo | RSU Class A Common Stock | Option exercise | Dispose M | No | No | 0 | 26,096 | 0.00 | 52,192 |
News
Forecasting The Future: 4 Analyst Projections For Bandwidth
29 Feb 24
NVIDIA To Rally Around 27%? Here Are 10 Top Analyst Forecasts For Thursday
29 Feb 24
Canaccord Genuity Maintains Buy on Bandwidth, Raises Price Target to $38
29 Feb 24
Barclays Maintains Overweight on Bandwidth, Raises Price Target to $22
29 Feb 24
Keybanc Maintains Overweight on Bandwidth, Raises Price Target to $21
29 Feb 24
Press releases
Bandwidth to Report First Quarter 2024 Financial Results on May 7, 2024
23 Apr 24
Bandwidth Honored for Customer Service Team of the Year and Customer Service Innovation by the Stevie Awards
16 Apr 24
Bandwidth Invites Enterprise IT Leaders To 'Take Command' Of Their Digital Transformation Journey At Enterprise Connect
25 Mar 24
Bandwidth Announces 'The Texties,' A New Awards Program Celebrating The Best in Business Text Messaging
12 Mar 24
Bandwidth Announces Fourth Quarter and Full Year 2023 Financial Results, Exceeding Revenue and Profitability Guidance
28 Feb 24