Shareholders in Bandwidth Inc. (NASDAQ:BAND) had a terrible week, as shares crashed 32% to US$15.21 in the week since its latest second-quarter results. Revenues were in line with expectations, at US$174m, while statutory losses ballooned to US$0.17 per share. Earnings are an important time for investors, as they can track a company’s performance, look at what the analysts are forecasting for next year, and see if there’s been a change in sentiment towards the company. We’ve gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
See our latest analysis for Bandwidth
Taking into account the latest results, the current consensus from Bandwidth’s seven analysts is for revenues of US$716.1m in 2024. This would reflect a meaningful 8.2% increase on its revenue over the past 12 months. …
