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RALEIGH, N.C. - Bandwidth Inc. (NASDAQ:BAND) reported first-quarter earnings that surpassed analyst expectations on Wednesday.
The company’s shares were up 2.12% in premarket trading following the release of the positive results.
The cloud communications company announced adjusted earnings per share of $0.36 for the quarter ended March 31, 2025, beating the analyst estimate of $0.26 by $0.10. Revenue came in at $174 million, exceeding the consensus estimate of $169 million and representing a YoY increase of 3%.
Looking ahead, Bandwidth provided guidance for the second quarter of 2025, projecting revenue between $178 million and $180 million. The midpoint of this range, $179 million, is slightly below the analyst consensus of $179.7 million.
Bandwidth’s cloud communications software and Communications Cloud cover over 65 countries and more than 90% of global GDP. The company’s solutions are utilized by major players in unified communications and cloud contact centers, including Amazon (NASDAQ:AMZN) Web Services, Cisco (NASDAQ:CSCO), Google (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), and Zoom (NASDAQ:ZM).
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