New bandwidth article on seeking alpha: Bandwidth-take-advantage-of-dip-to-buy-discount-to-peers
-Shares of Bandwidth have inexplicably fallen ~20% from all-time highs after the company reported fiscal fourth-quarter results.
-The company saw revenue growth in excess of 80%, a reflection of strong pandemic-driven internet usage and the contribution from Bandwidth’s acquisition of Voxbone.
-The company’s dollar-based net revenue retention rate also soared above 130% in the quarter, putting Bandwidth above most other SaaS peers.
-The stock’s <8x forward revenue multiple sits at a meaningful discount to most SaaS companies
Full Article:
https://seekingalpha.com/article/4410507-bandwidth-take-adva…