Bandwidth Q3 revenue $194M (+28% YoY), adj. EBITDA $24M; raises FY guidance; revolver increased to $150M

Bandwidth Inc.

2024-Q3 EPS reported -$0.18 revenue$538,518,000

Q3 revenue $194M, up 28% YoY; non-GAAP gross margin 58% vs 55% a year ago.
Adjusted EBITDA $24M, up from $14M; free cash flow $14M.
Raising full year 2024 guidance for revenue and profitability.
Credit agreement amended: revolver increased from $100M to $150M, maturity extended to May 2029.
New financial covenants: senior secured leverage ratio cap 2.75x (then 2.50x); fixed charge coverage min 2.00x.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.