That growth was driven by a 40 percent year-over-year increase in revenue from its Communication Platform as a Service (CPaas), which totaled $67.1 million, as more and more remote workers dial in.
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North Carolina life science firms are making headlines in tackling the coronavirus while VitalSource offers free text access to higher ed students. In other news, Novan raising $8 million, and Red Hat announces aritifical intelligence-machine learning augmented OpenShift.
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RALEIGH – Bandwidth continues to defy Wall Street expectations. On Wednesday, the Cary-based software developer reported a second quarter profit of $3.5 million, or 14 cents per share. Losses, adjusted for one-time gains, came to 4 cents per share. Compare that to a loss of 17 cents per share...
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