Bandwidth reports Q1 non-GAAP EPS 5c, consensus 1c

Reports Q1 revenue $138M, consensus 133.08M$. "Our results for the quarter demonstrate solid progress adding enterprise customers, developing innovative award-winning products, and advancing our strategic initiatives with a focus on profitability," said David Morken, Bandwidth’s CEO. "Looking ahead, we remain focused on maximizing our direct-to-enterprise momentum, capitalizing on new innovations like Maestro and emerging AI technologies, increasing product penetration across our three key customer categories, and exploiting the competitive advantage of being the only CPaaS provider with our own global network."