Bandwidth: Strong FCF Generation And Promising Growth Prospects Ahead
BANDBandwidth(BAND) Seeking Alpha·2024-05-10 17:32

piranka Investment thesis Bandwidth's (NASDAQ:BAND) business has faced a couple of turbulent years, following the boom during the pandemic. Besides lower usage of the platform after the pandemic, the business subsequently suffered from a DDoS attack in October 2021 which led to some of its customers reducing the use of its platform. This led to its share price dropping even below its IPO price in 2017 of $20, even though its revenue had grown three times larger. These headwinds caused its revenue to stagnat ...