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Dec 31, 2022
Bandwidth Q4 2022 Earnings Report
Announced solid Q4 2022 financial results, exceeding both top and bottom line guidance, driven by customer demand and strong campaign messaging.
Key Takeaways
Bandwidth's Q4 2022 results surpassed both top and bottom line guidance, driven by customer demand for their communications cloud. Revenue further benefited by $23 million from strong campaign messaging demand. The company expects revenue growth to be constrained in the current macroeconomic environment and also impacted by campaign messaging cyclicality.
Q4 revenue exceeded guidance by $10 million.
Full year revenue exceeded guidance by $10 million.
Guiding to 30% increase in Adjusted EBITDA for full year 2023.
Enterprises can upgrade their brand experience and streamline digital transformation by migrating to the cloud.
Forward Guidance
Bandwidth is providing guidance for its first quarter and full year 2023.
Positive Outlook
- Total Revenue (millions): $132 - $134 (Q1 2023 Guidance)
- Total Revenue (millions): $576 - $584 (Full Year 2023 Guidance)
- Adjusted EBITDA (millions): $4 - $6 (Q1 2023 Guidance)
- Adjusted EBITDA (millions): $43 - $47 (Full Year 2023 Guidance)
Historical Earnings Impact
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Avg. Return Before/After Earnings
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