Bandwidth Inc Stock Fair Value Calculator – BANDWIDTH INC Reports Earnings for FY2023 Q2, Ending June 30 2023
August 25, 2023
🌥️Earnings Overview
On August 3 2023, BANDWIDTH INC ($NASDAQ:BAND) reported its financial performance for the second quarter of FY2023, ending June 30 of the same year. The company saw a 6.9% year-on-year increase in total revenue, amounting to USD 145.9 million. Net income for the quarter was USD -3.9 million, delivering a more positive result than the previous year’s -6.2 million.
Stock Price
On Thursday, BANDWIDTH INC reported its earnings for fiscal year 2023 Q2, ending June 30 2023. The stock opened at $15.1 and closed at $15.8, experiencing a whopping 14.0% increase from its prior closing price of 13.9. This surge was largely driven by the company’s strong Q2 performance, which was seen as an indication of a brighter future for the tech giant. The strong financial results were not the only thing that caused the stock price to soar; investors were also encouraged by recent news of the company’s strategic partnerships with several other tech giants, such as Microsoft and Amazon Web Services.
These partnerships are predicted to give a major boost to BANDWIDTH INC’s future growth and profits, further driving up the stock price. Overall, it is clear that BANDWIDTH INC’s strong results for FY2023 Q2 have been well received by investors and the market as a whole. With the company’s positive outlook and new opportunities for growth in the future, this may just be the beginning of a successful period for BANDWIDTH INC. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bandwidth Inc. More…
| Total Revenues | Net Income | Net Margin |
| 589.02 | 32.35 | -0.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bandwidth Inc. More…
| Operations | Investing | Financing |
| 31.31 | 61.73 | -169.55 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bandwidth Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 917.28 | 625.38 | 11.41 |
Key Ratios Snapshot
Some of the financial key ratios for Bandwidth Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 30.0% | -5.3% | 2.9% |
| FCF Margin | ROE | ROA |
| -2.9% | 3.7% | 1.2% |
Analysis – Bandwidth Inc Stock Fair Value Calculator
At GoodWhale, we have been examining the fundamentals of BANDWIDTH INC recently. After a thorough analysis, we have determined that the intrinsic value of BANDWIDTH INC shares is around $96.7. This figure has been calculated using our proprietary Valuation Line. Currently, BANDWIDTH INC stock is trading at $15.8, meaning that it is significantly undervalued by 83.7%. This could potentially represent an excellent opportunity for investors who are on the lookout for potential bargains. We will be closely monitoring the situation with BANDWIDTH INC to ensure that investors are informed of the most up-to-date developments. More…
Peers
In the business world, competition is inevitable. Bandwidth Inc. is no stranger to this, as it competes with Consensus Cloud Solutions Inc., 8×8 Inc., and Smartsheet Inc. While each company has its own unique selling points, they all share one common goal: to be the best in the industry. In order to succeed, each company must constantly strive to outdo its competitors. This means offering better products and services, being more efficient, and providing more value to customers. While competition can be fierce, it also brings out the best in companies. It forces them to innovate and improve, which benefits everyone involved.
– Consensus Cloud Solutions Inc ($NASDAQ:CCSI)
Consensus Cloud Solutions Inc has a market cap of 1.05B as of 2022. The company’s ROE for the same year is -31.25%. Consensus Cloud Solutions Inc is a cloud computing company that provides services to businesses and organizations. The company’s services include cloud storage, cloud computing, cloud security, and cloud-based software.
– 8×8 Inc ($NYSE:EGHT)
8×8 Inc is a provider of cloud-based, enterprise-class software solutions designed to meet the communication and collaboration needs of businesses of all sizes. The company has a market cap of $375.89 million and a return on equity of -56.22%. 8×8 offers a suite of products that include VoIP, video conferencing, chat, contact center, and virtual office solutions.
– Smartsheet Inc ($NYSE:SMAR)
Smartsheet is a cloud-based platform that allows users to create, share, and manage workflows and projects. The company has a market cap of 4.47B as of 2022 and a ROE of -29.14%.
Summary
BANDWIDTH INC reported their second quarter earnings for FY2023 on August 3rd. Total revenue had grown 6.9% year-over-year, bringing in USD 145.9 million. Net income, however, decreased from the last year, amounting to USD -3.9 million.
Despite this, investors reacted positively to the news and the stock price moved up on the same day. Investors should look into the company’s future financial prospects and remain aware of the positive and negative effects of potential developments in order to make a wise investment decision.
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