Bandwidth Net Income/Loss 2016-2024 | BAND

Bandwidth net income/loss from 2016 to 2024. Net income/loss can be defined as the company's total income or loss before preferred stock dividends, taken from the Income Statement
Bandwidth Annual Net Income/Loss
(Millions of US $)
2024 $-7
2023 $-16
2022 $20
2021 $-27
2020 $-44
2019 $2
2018 $18
2017 $6
2016 $22
2015 $-7
Sector Industry Market Cap Revenue
Computer and Technology Communication Infrastructure $0.430B $0.748B
Bandwidth operates as a Communications Platform-as-a-Service (CPaaS) provider, offering avant-garde software application programming interfaces for voice and messaging services. It is the only API platform provider that owns a Tier 1 network with enhanced network capacity, primarily catering to business enterprises. It delivers unparalleled network quality and proactively monitors network operations 24/7 to resolve quality issues, capitalizing on an efficient cost structure for seamless connectivity and speed-to-market. Technology companies like Microsoft, Cisco and Google leverages Bandwidth's API to embed voice, messaging and 911 access into software & applications. It has 2 units: CPaaS and Other. CPaaS unit leverages cloud-based software platform for superior communications services to deal the huge demand of Unified-Communications-as-a-Service services and Meeting Solutions. It revenues from voice usage & messaging services. Other unit derives revenues primarily from legacy services & indirect revenues.
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