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6 bandwidth November 8 , 2021 Conference Call Conference call to discuss the Company's financial results for the third quarter ended September 30 , 2021 on November 8 , 2021 , via the investor section of its website at https://investors.bandwidth.com where a replay will also be available shortly following the conference call . Conference Call Details November 8 , 2021 5:00 pm ET Domestic dial - in : ( 855 ) 327-6837 International dial - in : ( 631 ) 891-4304 Bandwidth Announces Third Quarter 2021 Financial Results Total Revenue of $ 131 million , up 54 % year - over - year CPaaS Revenue of $ 107 million , up 46 % year - over - year Replay information An audio replay of this conference call will be available through November 15 , 2021 , by dialing ( 844 ) 512-2921 or ( 412 ) 317-6671 for international callers , and entering passcode 10017120 . Investor Contact Sarah Walas Bandwidth 919-504-6585 ir@bandwidth.com Raleigh , NC - Bandwidth Inc. ( NASDAQ : BAND ) , a leading global enterprise cloud communications company , today announced financial results for the third quarter ended September 30 , 2021 . " Bandwidth continues to play a critical role in the enterprise move to the cloud , " stated David Morken , Chief Executive Officer of Bandwidth . " We delivered another solid quarter , with a number of important customer wins , strong momentum from cross - selling on our global network , and continued growth in our API - driven CPaaS products . The DDoS attacks on our network have sharpened our defenses and made us stronger than ever , and we're in a position to leverage what we've learned to help make the ecosystem safer for enterprise communications . " Third Quarter 2021 Financial Highlights The following table summarizes the consolidated financial highlights for the three months ended September 30 , 2020 and 2021 ( in millions , except per share amounts ) . CPaaS Revenue¹ Total Revenue¹ Consolidated Gross Margin Non - GAAP2 Gross Margin CPaaS Gross Margin Non - GAAP CPaaS Gross Margin Net Loss Non - GAAP2 Net Income Net loss per share , basic and diluted Weighted average shares outstanding , basic and diluted Non - GAAP net income per Non - GAAP share Non - GAAP weighted average shares outstanding , diluted Adjusted EBITDA $ 1 $ $ $ Three months ended September 30 . 2020 73.8 $ 84.8 $ 46 % 49 % 47 % 50 % ( 2.4 ) 6.5 ( 0.10 ) 24.2 0.24 26.5 9.3 $ $ $ $ $ 2021 107.4 130.6 45 % 49 % 49 % 54 % ( 6.9 ) 6.5 ( 0.28 ) 25.1 0.25 26.4 14.2 ¹Total and CPaaS revenue include $ 27 million and $ 26 million , respectively , from Voxbone . 2Additional information regarding the non - GAAP financial measures discussed in this release , including an explanation of these measures and how each is calculated , is included below under the heading " Non - GAAP Financial Measures . " A reconciliation of GAAP to non - GAAP financial measures has also been provided in the financial tables included below .