secwatch.observer — SEC 8-K summary
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Issuer:     Bandwidth Inc. (BAND)
CIK:        0001514416
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001514416-21-000298
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bandwidth reports Q3 revenue of $130.6M, up 54% YoY; GAAP net loss $6.9M
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- Total revenue $130.6M (+54% YoY); CPaaS revenue $107.4M (+46% YoY).
- GAAP net loss $6.9M ($0.28 per share) vs $2.4M loss in Q3 2020.
- Non-GAAP net income $6.5M ($0.25 per diluted share), flat YoY.
- Adjusted EBITDA $14.2M, up from $9.3M in Q3 2020; consolidated gross margin 45%.
- CEO cites DDoS attacks sharpened defenses; enterprise cloud momentum continues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514416/000151441621000298/0001514416-21-000298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514416/000151441621000298/band-20211108.htm
  HTML page:      https://secwatch.observer/filing/0001514416-21-000298

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer