secwatch.observer — SEC 8-K summary
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Issuer:     Bandwidth Inc. (BAND)
CIK:        0001514416
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001514416-23-000149
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bandwidth beats Q3 guidance; revenue $152M, record free cash flow $18M
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- Revenue $152M vs $148M YoY, exceeding guidance; non-GAAP gross margin 55%.
- Adjusted EBITDA $14M (up from $13M); record free cash flow of $18M.
- On track for 30% annual profitability growth; reaffirms confidence in 2026 targets.
- CEO cites strong momentum heading into 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514416/000151441623000149/0001514416-23-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514416/000151441623000149/band-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001514416-23-000149

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