---
schema_version: "secwatch.filing_event.v1"
accession: "0001514416-24-000020"
form_type: "8-K"
ticker: "BAND"
cik: "0001514416"
company_name: "Bandwidth Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:41:13.508753+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bandwidth beats Q4 guidance; $165M revenue, $19M Adj. EBITDA; 2024 guidance: 16% rev growth, 50% profit growth

## Summary
- Q4 2023 revenue $165M, up 5% YoY; full-year revenue $601M, up 5% YoY.
- Adjusted EBITDA Q4 $19M (11.5% margin), vs $8M; full-year $48M, vs $35M.
- Record Free Cash Flow $19M in 2023, vs -$11M in 2022; operating cash flow $39M.
- 2024 guidance: expects 16% revenue growth and 50% profitability growth.
- CEO David Morken severance amended: 300% salary/bonus on change-in-control termination; IPO bonus removed.

## SEC filing metadata
- accession: 0001514416-24-000020
- form_type: 8-K
- ticker: BAND
- cik: 0001514416
- company_name: Bandwidth Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514416/000151441624000020/0001514416-24-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514416/000151441624000020/band-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514416-24-000020
- JSON: https://secwatch.observer/filing/0001514416-24-000020.json
- Plain text: https://secwatch.observer/filing/0001514416-24-000020.txt

## Key facts
- Earnings Releases
  Bandwidth Inc. reported financial results for the fourth quarter ended December 31, 2023.
  - Period: the fourth quarter ended December 31, 2023
  - Result: reported results
  source text: On February 28, 2024, Bandwidth Inc. (the “Company”) issued a press release reporting its financial results for the fourth quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514416/000151441624000020/0001514416-24-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.