secwatch.observer — SEC 8-K summary
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Issuer:     Bandwidth Inc. (BAND)
CIK:        0001514416
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001514416-22-000202
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bandwidth tops Q3 guidance, lifts FY outlook; President Carreker resigns; co. buys back $160M notes at ~29% discount
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- Q3 revenue $148M, above guidance; non-GAAP EPS $0.27 vs $0.25 YoY; raised FY2022 outlook.
- President Marina Carreker resigns effective Dec 31, 2022; no disagreement cited.
- Company to repurchase ~$160M of 0.25% convertible notes at ~29% discount; ~$240M remains.
- Capped call transactions remain; repurchases expected to close Nov 28, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514416/000151441622000202/0001514416-22-000202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514416/000151441622000202/band-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001514416-22-000202

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