Correction: Bandwidth Shares Surge After Q1 Non-GAAP Earnings, Revenue Rise

MT Newswires Live05-01

(Corrects to remove Q1 after the company name in the headline.)

Bandwidth (BAND) shares rose 45% in Thursday trading after the company posted higher Q1 non-GAAP net income, revenue and raised its full-year 2026 forecast.

The company reported Q1 non-GAAP net income of $0.38 per diluted share, up from $0.36 a year earlier. Analysts polled by FactSet expected $0.30.

Revenue for the quarter ended March 31 was $208.8 million, up from $174.2 million a year earlier. Analysts expected revenue of $201.6 million.

The company said it expects Q2 non-GAAP EPS of $0.35 to $0.37 on revenue of $214 million to $220 million. Analysts surveyed by FactSet expect EPS of $0.35 on revenue of $213.8 million.

For 2026, Bandwidth increased its full-year non-GAAP EPS guidance to a range of $1.77 to $1.83 from the previous range of $1.66 to $1.74. Analysts surveyed by FactSet expect $1.75.

Revenue guidance was also raised to $880 million to $900 million from the previous range of $864 million to $884 million. Analysts expect $884 million.

Price: 35.13, Change: +10.93, Percent Change: +45.17

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