secwatch.observer — SEC 8-K summary
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Issuer:     Bandwidth Inc. (BAND)
CIK:        0001514416
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001514416-25-000070
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bandwidth Q1 revenue $174M beats guidance; raises FY2025 outlook
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- Revenue $174M in Q1 2025, up 2% YoY and above guidance; GAAP gross margin 41% vs 38%.
- Net loss narrowed to $4M from $9M YoY; Adjusted EBITDA grew to $22M from $16M.
- Free cash flow -$13M (vs -$4M); operating cash flow -$3M (vs +$2M YoY).
- Non-GAAP gross margin improved to 59% from 57% YoY; CEO cites healthy demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514416/000151441625000070/0001514416-25-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514416/000151441625000070/band-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001514416-25-000070

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