NASDAQ$BAND
Bandwidth Inc. · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported a revenue increase of 35% year-over-year, driven by a 40% increase in CPaaS revenue and a 30% increase in active CPaaS customers.
Bandwidth Inc. announced strong Q2 2020 financial results, with total revenue reaching $76.8 million, a 35% increase year-over-year. CPaaS revenue grew by 40% to $67.1 million, and the company's active CPaaS customer base increased by 30% to 1,900. Bandwidth raised its full-year guidance to reflect its strong performance and expectations for the remainder of the year.
- Total revenue for Q2 2020 was $76.8 million, up 35% year-over-year.
- CPaaS revenue for Q2 2020 was $67.1 million, up 40% year-over-year.
- Active CPaaS customers reached 1,900, a 30% increase year-over-year.
- Dollar-based net retention rate was 133% for Q2 2020, compared to 113% in Q2 2019.
Headline financials
Revenue & EPS history
Bandwidth · Revenue · Quarterly
$76.8M
Forward guidance
Bandwidth is providing guidance for its third quarter and full year 2020.
Tailwinds
- Third Quarter 2020 CPaaS revenue is expected to be in the range of $67.1 million to $67.6 million.
- Third Quarter 2020 Total revenue is expected to be in the range of $76.0 million to $76.5 million.
- Full Year 2020 CPaaS revenue is expected to be in the range of $260.3 million to $261.8 million.
- Full Year 2020 Total revenue is expected to be in the range of $296.8 million to $298.3 million.
Headwinds
- Third Quarter 2020 Non-GAAP earnings per share is expected to be a loss in the range of $(0.03) to $(0.01) per share, using 24.2 million weighted average shares outstanding.
- Full Year 2020 Non-GAAP earnings per share is expected to be in the range of $0.05 to $0.11 per share, using 25.5 million weighted average diluted shares outstanding.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+2.6%
Avg return
Earnings day
+4.2%
Avg return
5 days after
+8.9%
Avg return
30 days after
51%
19 / 37 earnings
Positive
+69.1%
Q4 2023
Best reaction
-37.8%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.9% | +95.6% | +168.5% | |
| Q4 2025 | +11.7% | +6.2% | +19.0% | |
| Q3 2025 | -3.9% | -13.7% | -15.1% | |
| Q1 2025 | +12.1% | +17.1% | +21.7% | |
| Q4 2024 | -4.4% | -8.3% | -17.4% | |
| Q3 2024 | -0.7% | +3.8% | +11.6% | |
| Q2 2024 | -33.3% | -30.8% | -24.8% | |
| Q1 2024 | +3.1% | +5.4% | +2.3% | |
| Q4 2023 | +69.1% | +58.4% | +50.3% | |
| Q3 2023 | +20.9% | +22.4% | +12.0% | |
| Q2 2023 | +5.6% | +1.9% | -3.6% | |
| Q1 2023 | -3.8% | -5.7% | -1.1% | |
| Q4 2022 | -35.6% | -33.3% | -39.7% | |
| Q3 2022 | +46.8% | +44.8% | +91.4% | |
| Q2 2022 | -0.7% | -6.2% | -20.5% | |
| Q1 2022 | +16.2% | -8.6% | -9.2% | |
| Q4 2021 | -37.8% | -39.8% | -40.2% | |
| Q3 2021 | +1.0% | -5.5% | -12.0% | |
| Q2 2021 | -5.8% | -8.5% | -16.2% | |
| Q1 2021 | +0.6% | -3.5% | -5.4% | |
| Q4 2020 | -7.1% | -13.1% | -32.6% | |
| Q3 2020 | -4.3% | -6.1% | -10.4% | |
| Q2 2020 | -1.6% | +4.2% | +4.4% | |
| Q1 2020 | +13.5% | +24.0% | +41.0% | |
| Q4 2019 | +0.9% | -9.6% | -15.7% | |
| Q3 2019 | -13.7% | -8.8% | -2.5% | |
| Q2 2019 | +1.3% | +0.1% | +11.7% | |
| Q1 2019 | -7.6% | -4.1% | -3.6% | |
| Q4 2018 | -0.3% | +7.7% | +42.3% | |
| Q3 2018 | +9.2% | +9.7% | -8.6% | |
| Q2 2018 | +12.3% | +11.4% | +28.8% | |
| Q1 2018 | +9.2% | +10.1% | +22.7% | |
| Q4 2015 | +2.4% | +0.7% | +19.7% | |
| Q4 2017 | +12.9% | +15.1% | +33.5% | |
| Q3 2016 | -0.3% | +5.0% | +6.8% | |
| Q4 2016 | -0.3% | +5.0% | +6.8% | |
| Q3 2017 | +9.2% | +12.9% | +13.6% | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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