NasdaqGS:BANDTelecom
Bandwidth (BAND) Stock Jumps On Record Margin And AI Deal Wins
Bandwidth stock finally caught a bid. After sliding over the past month, shares jumped about 5% to US$38.83 as investors reacted to a quarter that put profitability firmly in focus.
The market seemed to be voting on one core idea. Record adjusted earnings before interest, tax, depreciation and amortization margin of 18.3% on about US$220m of revenue signaled that Bandwidth is not just growing its cloud communications business; it is getting paid for it. The question now is whether this move...