BAND - Bandwidth Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
85.44
-3.18 (-3.59%)
At close: 4:00PM EDT
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Previous Close88.62
Open88.13
Bid0.00 x 3100
Ask0.00 x 800
Day's Range85.15 - 90.63
52 Week Range27.75 - 90.63
Volume486,723
Avg. Volume293,660
Market Cap1.998B
Beta (3Y Monthly)N/A
PE Ratio (TTM)287.68
EPS (TTM)0.30
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est85.67
Trade prices are not sourced from all markets
  • Bloomberg

    Phone Companies Strike Deal With States to Fight Robocalls

    (Bloomberg) -- AT&T Inc., Verizon Communications Inc. and 10 other large phone companies have struck an agreement with 51 attorneys general to enact technology to block robocalls before they reach consumers.The deal, announced Thursday, will help protect consumers from receiving illegal robocalls, and assist law enforcement in investigating and prosecuting bad actors, said North Carolina Attorney General Josh Stein, who is leading the effort that includes all 50 states and the District of Columbia.Under the deal, the companies will launch the call-blocking technology at no cost to consumers, and make other free anti-robocall devices and apps available to subscribers. “By signing on to these principles, industry leaders are taking new steps to keep your phone from ringing with an unwanted call,” Stein said in a statement.The companies are under pressure to protect consumers against the unwanted calls, which are a top source of complaints with the U.S. Federal Communications Commission. Across the U.S. there were 48 billion robocalls last year, up from 31 billion in 2017, according to a tally by YouMail Inc., a developer of software that blocks the calls.In July, AT&T, Verizon and T-Mobile US Inc. said they were making progress toward installing technology to authenticate calls so consumers would know if the call is coming from the person supposedly making it. The FCC has demanded the technology be in place by the end of the year.FCC Chairman Ajit Pai said the agreements with the states “align with the FCC’s own anti-robocalling and spoofing efforts,” including the agency’s caller authentication standards.“Few things can bring together policy leaders across the political spectrum like the fight against unwanted robocalls,” Pai said in a statement. “The FCC is committed to working together with Congress, state leaders, and our federal partners to put an end to unwanted robocalls.”Consumers are often duped into answering phone calls because they appear to be from a local number or business.“The bad actors running these deceptive operations will soon have one call left to make: to their lawyers,” New York Attorney General Letitia James said in the statement.Companies InvolvedThe other companies signing the agreement are T-Mobile, CenturyLink Inc., Comcast Corp., Sprint Corp., Bandwidth Inc., Charter Communications Inc., Consolidated Communications Holdings Inc., Frontier Communications Corp., U.S. Cellular Corp. and Windstream Holdings Inc.The FCC has demanded that carriers adopt the system to digitally validate phone calls passing through the complex web of networks. The agency also has said that providers may block calls, and cast a preliminary vote to require the digital authentication if carriers fail to install it by year’s end.Several of the top U.S. carriers issued statements in concert with the state attorneys general announcement. While the group on a whole backed the effort, there were few if any new, specific anti-spam call actions or timelines mentioned.“It’s imperative that we stand together on a common set of goals that include stopping callers from hiding their identities, working with other carriers on efforts to trace back illegal calls to the source, and keeping the originators from sending robocalls in the first place," Verizon said in a statement.“The fight against the scourge of illegal robocalls requires all hands on deck, and we welcome and appreciate the support of the state attorneys general,” AT&T said in a statement.(Updates with carriers and FCC comment beginning in seventh paragraph.)\--With assistance from Erik Larson and Scott Moritz.To contact the reporters on this story: Jonathan Reid in Washington at jreid98@bloomberg.net;Susan Decker in Washington at sdecker1@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, ;Keith Perine at kperine2@bloomberg.net, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • ADTRAN Expands Fiber Broadband Portfolio to Meet Demand
    Zacks

    ADTRAN Expands Fiber Broadband Portfolio to Meet Demand

    ADTRAN's (ADTN) broad portfolio of next-generation solutions continues to gain traction with growing number of customers in an expanding range of market segments.

  • GuruFocus.com

    Bandwidth Inc (BAND) CFO Jeffrey A. Hoffman Sold $850,400 of Shares

    CFO of Bandwidth Inc (30-Year Financial, Insider Trades) Jeffrey A. Hoffman (insider trades) sold 10,000 shares of BAND on 08/01/2019 at an average price of $85.04 a share. Continue reading...

  • Bandwidth Inc. (BAND) Q2 2019 Earnings Call Transcript
    Motley Fool

    Bandwidth Inc. (BAND) Q2 2019 Earnings Call Transcript

    BAND earnings call for the period ending June 30, 2019.

  • Bandwidth (BAND) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    Bandwidth (BAND) Reports Q2 Loss, Tops Revenue Estimates

    Bandwidth (BAND) delivered earnings and revenue surprises of 76.47% and 3.23%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire

    Bandwidth to Present at Upcoming Investor Conferences

    RALEIGH, N.C. , July 31, 2019 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a software company focused on communications for the enterprise, today announced its scheduled participation at the following ...

  • PR Newswire

    Bandwidth Announces Second Quarter 2019 Financial Results

    Total second quarter revenue of $56.8 million , up 18% year-over-year CPaaS second quarter revenue of $48.0 million , up 20% year-over-year Active CPaaS customers of 1,467, up 34% year-over-year Dollar-based ...

  • Interim Headwinds Mar Communication Infrastructure Outlook
    Zacks

    Interim Headwinds Mar Communication Infrastructure Outlook

    Interim Headwinds Mar Communication Infrastructure Outlook

  • Bandwidth (BAND) Expected to Beat Earnings Estimates: Should You Buy?
    Zacks

    Bandwidth (BAND) Expected to Beat Earnings Estimates: Should You Buy?

    Bandwidth (BAND) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • PR Newswire

    Bandwidth to Report Second Quarter 2019 Financial Results

    RALEIGH, N.C. , July 11, 2019 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a software company focused on communications for the enterprise, announced today it will issue a press release reporting financial ...

  • Have Insiders Been Selling Bandwidth Inc. (NASDAQ:BAND) Shares This Year?
    Simply Wall St.

    Have Insiders Been Selling Bandwidth Inc. (NASDAQ:BAND) Shares This Year?

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...

  • Zayo to Boost Bank Connectivity for Bandwidth-Intensive Apps
    Zacks

    Zayo to Boost Bank Connectivity for Bandwidth-Intensive Apps

    Zayo (ZAYO) will offer a private wavelength network to the financial services provider for seamless connectivity between several of its offices and data center locations.

  • Zayo's Video Network Solution Chosen by News Broadcaster
    Zacks

    Zayo's Video Network Solution Chosen by News Broadcaster

    Zayo's (ZAYO) diverse fiber network solution will allow the leading news broadcaster to distribute data and video to its bureaus based in the United States and in Europe.

  • CommScope's ARRIS HomeAssure Solution Chosen by SaskTel
    Zacks

    CommScope's ARRIS HomeAssure Solution Chosen by SaskTel

    With CommScope's (COMM) ARRIS HomeAssure solution, SaskTel's broadband subscribers can now experience top-tier Wi-Fi services that go beyond fast and reliable.

  • CommScope's Ruckus Networks Offers New Solution to Hoteliers
    Zacks

    CommScope's Ruckus Networks Offers New Solution to Hoteliers

    CommScope's (COMM) Ruckus Networks broadens its portfolio to include fiber-to-the-room solutions for hotel operators. This will likely improve operational efficiency, and guest services and safety.

  • Zayo Boosts Ohio Footprint Through Fiber Network Expansion
    Zacks

    Zayo Boosts Ohio Footprint Through Fiber Network Expansion

    The network expansion will add about 300 new route miles for Zayo Group Holdings (ZAYO) in the Youngstown and Akron area, and complement its existing networks.

  • Twilio Stock Could Be Hurt by Increased Competition
    InvestorPlace

    Twilio Stock Could Be Hurt by Increased Competition

    I often talk about "vision premiums," or elevated valuations that are given to hot stocks. At this time, arguably no equity defines that premium better than Twilio (NYSE:TWLO) stock.Source: Web Summit Via FlickrBolstered by the leadership status of TWLO's communication platform-as-a-service (CPaaS), Twilio stock has climbed to elevated valuations amid the company's massive growth. However, the expensiveness of both the company's service and Twilio stock could drive its customers and investors to alternative options. * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% Investors Continue to Ignore the Sky-High Multiple on Twilio StockFirst, I will point out that a stock can stay "expensive" from a price-earnings (PE) ratio standpoint for a long time. This is especially true when a firm seen as the company of the future launches new technologies or lines of business. Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), and many cannabis stocks have proven that point over the last few years.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, once a stock has reached such levels, buying it becomes a bet that somebody will willingly pay more in the future. The higher the multiple, the less likely one is to find such a buyer.Expensive stocks sometimes keep moving higher. That pattern could play out with Twilio stock, which has risen by about 575% since December 2017. However, given Twilio stock's forward PE ratio of over 490, that is not a bet I endorse. Profit Deceleration, Competition Could Weigh on the Valuation of Twilio StockTWLO's profit growth, while impressive in a general sense, appears meager when compared to the multiple of TWLO stock. Headwinds will limit its profit growth to an estimated 9.1% this year. Things should improve next year, as its earnings will jump 141.7%, according to the consensus estimate. Still, that level of growth should also prove to be temporary, as analysts foresee average annual growth of 33.2% per year for the subsequent five years.Moreover, Twilio stock no longer remains the only CPaaS name that investors can buy. Bandwidth Inc. (NASDAQ:BAND) launched its IPO last year. It trades at only 8.2 times its sales, compared to more than 25 times sales for TWLO.Investors can also choose a much safer CPaaS stock. As InvestorPlace columnist James Brumley pointed out, Cisco (NASDAQ:CSCO) has begun to compete in this business. CSCO's $34.64 billion cash hoard will allow it to easily outspend Twilio. CSCO's profit is growing at a double-digit percentage rate, and CSCO stock has a forward PE, based on the consensus EPS outlook, of only 16.5. Twilio's Services Are Also Perceived as PriceyMoreover, the prices that Twilio charges for its services have become too expensive for some.Unfortunately for the company, the CPaaS industry has a low barrier to entry, and lesser-known peers have hurt TWLO in the past. Investors hammered Twilio stock in 2017 when Uber (NYSE:UBER) moved to reduce its dependence on the company.Given the strong growth of CPaaS,I do not think increased competition will lead to an overall reduction in Twilio's customer base or revenues. However, new entrants -- particularly an established, profitable entrant such as Cisco -- could slow Twilio's growth and will likely create pricing pressure. The Bottom Line on Twilio StockAlthough Twilio stock can deliver much of the massive growth it promises, investors and customers who find Twilio too expensive can turn to lower-cost options. TWLO stock has benefited from the company's leading position in the CPaaS industry. It may even exceed analysts' consensus revenue growth projection of 70% for the current fiscal year.However, with Twilio stock trading at over 490 times its earnings, this cloud company has moved into the stratosphere. Also, large customers have shown a willingness to abandon the platform. The company faces competition from upstarts such as Bandwidth and well-funded, established tech companies such as Cisco. Even in a world where PE ratios don't matter much, TWLO stock is more likely a sell than a buy under these conditions.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post Twilio Stock Could Be Hurt by Increased Competition appeared first on InvestorPlace.

  • Bandwidth expands as Republic Wireless shrinks
    American City Business Journals

    Bandwidth expands as Republic Wireless shrinks

    As Bandwidth grows, a company founded within its own walls - Republic Wireless - has confirmed layoffs as it cuts its own footprint by more than 20,000-square feet.

  • PR Newswire

    Bandwidth Celebrates Women in Tech, Sponsoring Women's Leadership Conference

    RALEIGH, N.C., May 21, 2019 /PRNewswire/ -- Bandwidth Inc. (BAND), a software company focused on communications for the enterprise, announced today that the company is a platinum sponsor of the Raleigh Chamber Women's Leadership Conference. The theme of the conference is "Bold: Take the Lead," and features bestselling author Joanne Lipman, editor-in-chief of USA TODAY. Bandwidth Chief People Officer, Rebecca Bottorff, is also a featured speaker at the event.

  • John Burbank Goes 3 for 2 in 1st Quarter
    GuruFocus.com

    John Burbank Goes 3 for 2 in 1st Quarter

    Guru John Burbank (Trades, Portfolio), founder and chief investment officer of Passport Capital, released his first-quarter portfolio earlier this week, disclosing he established three new holdings and closed two other positions. Warning! GuruFocus has detected 2 Warning Signs with NFLX. During the quarter, Burbank took positions in Netflix Inc. (NFLX), Bandwidth Inc. (BAND) and Pan American Silver Corp. (PAAS).

  • Bandwidth CEO: We're pushing forward with international expansion
    American City Business Journals

    Bandwidth CEO: We're pushing forward with international expansion

    Bandwidth’s international push is making “progress,” said CEO David Morken. The Raleigh communications technology company recently announced it’s executing on a long-planned international expansion and, on an earnings call this month, Morken told analysts the firm has begun deploying infrastructure to the United Kingdom and the European Union. “We intend to build in a capital efficient manner, consistent with our networking platform in the U.S.,” he said, adding that the company is making progress to satisfy regulatory requirements necessary to deliver its services internationally.

  • Hedge Funds Have Never Been This Bullish On Bandwidth Inc. (BAND)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Bandwidth Inc. (BAND)

    While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, declining oil prices and the trade war with China, many smart money investors kept their optimism regarding the current bull run in the fourth quarter, while still hedging many of their long positions. However, […]

  • Bandwidth Inc. (BAND) Q1 2019 Earnings Call Transcript
    Motley Fool

    Bandwidth Inc. (BAND) Q1 2019 Earnings Call Transcript

    BAND earnings call for the period ending March 31, 2019.

  • Bandwidth (BAND) Reports Q1 Loss, Tops Revenue Estimates
    Zacks

    Bandwidth (BAND) Reports Q1 Loss, Tops Revenue Estimates

    Bandwidth (BAND) delivered earnings and revenue surprises of 47.83% and 4.01%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?