Bandwidth, Inc. (BAND) Tops Q1 EPS by 3c

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Go back to Bandwidth, Inc. (BAND) Tops Q1 EPS by 3c

Bandwidth Announces First Quarter 2021 Financial Results

May 5, 2021 4:05 PM EDT

RALEIGH, N.C., May 5, 2021 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the first quarter ended March 31, 2021.

"The first quarter marked a strong start to the year for Bandwidth, with CPaaS revenue growth of 69% year-over-year and dollar-based net retention rate of 125%. We are energized by our role enabling the innovation, creativity, and incredible scale unfolding in global enterprise communications, which we believe will drive Bandwidth's growth for years to come," stated David Morken, Chief Executive Officer of Bandwidth. "Bandwidth... More