Bandwidth inc. (BAND)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Sep'16
Revenue

247,791

232,594

222,934

212,897

204,422

204,113

194,236

185,120

176,342

162,955

159,092

0

0

0

Cost of revenue

132,552

124,959

120,721

115,091

111,547

108,145

102,235

97,332

93,060

89,262

87,945

0

0

0

Gross profit

115,239

107,635

102,213

97,806

92,875

95,968

92,001

87,788

83,282

73,693

71,147

0

0

0

Operating expenses:
Research and development

33,274

31,461

30,098

28,054

24,833

20,897

17,038

13,914

11,888

10,789

10,252

0

0

0

Sales and marketing

36,088

35,020

31,780

28,418

24,558

20,731

17,717

15,423

13,182

11,218

10,517

0

0

0

General and administrative

60,610

58,847

57,837

54,144

51,352

47,588

45,013

43,234

40,001

37,069

33,590

0

0

0

Total operating expenses

129,972

125,328

119,715

110,616

100,743

89,216

79,768

72,571

65,071

59,076

54,359

0

0

0

Operating loss

-14,733

-17,693

-17,502

-12,810

-7,868

6,752

12,233

15,217

18,211

14,617

16,788

0

0

0

Other (expense) income:
Other income, net

1,362

2,469

1,770

1,092

453

301

464

-177

-1,258

-1,728

-2,179

0

0

0

Loss before income taxes

-13,371

-15,224

-15,732

-11,718

-7,415

7,053

12,697

15,040

16,953

12,889

14,609

0

0

0

Income tax benefit

-12,815

-17,718

-18,892

-18,402

-21,139

-10,870

-5,917

-2,698

7,780

6,918

4,023

0

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

10,586

0

0

0

Loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net income (loss)

-556

2,494

3,160

6,684

13,724

17,923

18,614

17,738

9,173

5,971

9,858

0

0

0

Earnings per share:
Income allocated to participating securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net income attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other Comprehensive income
Unrealized (loss) gain on marketable securities, net of income taxes

-

-

-

-

-

-

-

-

-6

-

0

0

0

-

Total comprehensive income

-

-

-

-

-

-

-

-

9,167

-

9,858

0

0

0

Less: net income allocated to participating securities

-

-

-

-

-

-

-

-

-

-

1,389

0

0

0

Net income attributable to common stockholders

-

-

-

-

-

-

-

-

8,920

-

9,197

0

0

0

Income from continuing operations per share:
Basic (in usd per share)

-

-

-

-

-

-

-

-

-

-

0.12

0.14

0.22

0.30

Diluted (in usd per share)

-

-

-

-

-

-

-

-

-

-

0.11

0.13

0.20

0.27

Net income (loss) per share
Basic (in usd per share)

-0.04

-0.10

-0.04

0.15

0.10

-0.10

0.13

0.58

0.35

-

-

-

-

0.25

Diluted (in usd per share)

-0.04

-0.09

-0.04

0.14

0.09

-0.07

0.12

0.50

0.30

-

-

-

-

0.22

Weighted average number of common shares outstanding:
Basic (in shares)

23,563

23,534

23,426

23,102

20,498

19,406

19,072

18,154

17,658

14,919

11,828

11,814

11,798

11,600

Diluted (in shares)

23,563

25,845

23,426

24,447

21,975

22,036

21,146

20,893

20,484

19,058

13,252

12,889

12,972

12,810