Highest-materiality recent filing
Bandwidth issues $316.25M 0% convertible notes due 2032; repurchases $122.5M of 2028 notes
Issued $316.25M aggregate principal of 0% Convertible Senior Notes due 2032; initial conversion price ~$72.64 per share.
Bandwidth prices $275M 0% convertible senior notes due 2032
Principal amount $275M; over-allotment option up to $41.25M (13 days).
Bandwidth Inc. proposes $275M convertible senior notes due 2032
Offering $275M aggregate principal of convertible senior notes due 2032; over-allotment option up to $41.25M.
Bandwidth stockholders re-elect directors, ratify auditor, approve say-on-pay
Re-elected David A. Morken (33.5M for) and Rebecca G. Bottorff (31.9M for) as Class III directors.
Bandwidth furnishes investor presentation; no specific financial data included in exhibit
Filed Form 8-K with investor presentation materials for Q2 2026 conferences.
Bandwidth Q1 record revenue $209M (+20% YoY); raises full-year 2026 outlook
Q1 revenue $209M (record), up 20% YoY; GAAP net income $4M vs $(4M) loss YoY.
Bandwidth repurchases $100M of 0.50% convertible notes due 2028; retires 2026 notes
Repurchased $100M aggregate principal of 0.50% Convertible Senior Notes due 2028 at a discount to par, paid in cash.
Bandwidth Q4 Adj EBITDA $25M (record), guides 16% revenue growth in 2026, authorizes $80M buyback
Q4 2025 revenue $208M (vs $210M YoY); GAAP net loss $(3M); non-GAAP net income $11M; Adj EBITDA $25M (record).
Bandwidth director John C. Murdock resigns from board effective Dec 31, 2025
John C. Murdock, board member and Chairman of the Compensation Committee, resigned effective December 31, 2025.
Bandwidth Q3 revenue $192M, adjusted EBITDA $24M, both above guidance; net loss $1M
Revenue $192M, down ~1% YoY; gross margin 38% flat; net loss $1M vs breakeven last year.
Bandwidth Q2 revenue $180M, up ~3.4% YoY; adj. EBITDA $22M; AI voice adoption grows
Revenue of $180M for Q2 2025, up from $174M in Q2 2024, accelerating growth.
Bandwidth stockholders approve all four proposals at 2025 annual meeting
Elected John C. Murdock and Douglas A. Suriano as Class II directors with majority votes.
Bandwidth Q1 revenue $174M beats guidance; raises FY2025 outlook
Revenue $174M in Q1 2025, up 2% YoY and above guidance; GAAP gross margin 41% vs 38%.
Q4 revenue $210M (+27% YoY), FY revenue $748M (+24% YoY), both records.
Bandwidth appoints Devesh Agarwal as COO; base salary $400k, $1M RSU grant
Devesh Agarwal, formerly interim COO since July 2024, appointed permanent COO effective Jan 1, 2025.
Q3 revenue $194M, up 28% YoY; non-GAAP gross margin 58% vs 55% a year ago.
Bandwidth Q2 2024 revenue $174M (+19% YoY), adj. EBITDA $19M, FCF turns positive
Revenue $174M, up 19% YoY; GAAP gross margin 37%, non-GAAP 56%.
Bandwidth COO resigns effective July 1; Devesh Agarwal named Interim COO
COO Anthony Bartolo resigned July 1; received accelerated vesting of 62,630 RSUs, forfeited 73,626 RSUs.
Bandwidth stockholders elect directors, ratify auditor, approve say-on-pay at 2024 annual meeting
Stockholders elected Brian D. Bailey and Lukas M. Roush as Class I directors with 24.5M and 27.9M votes for, respectively.
Bandwidth Q1 revenue $171M, beats guidance; raises FY2024 outlook; repurchases $140M notes
Q1 revenue $171M, up 24% YoY; adjusted EBITDA $16M, up from $5M YoY; non-GAAP gross margin 57% vs 54%.
Company filed investor presentation for use at various Q1 2024 conferences, furnished under Item 7.01.
Q4 2023 revenue $165M, up 5% YoY; full-year revenue $601M, up 5% YoY.
Bandwidth beats Q3 guidance; revenue $152M, record free cash flow $18M
Revenue $152M vs $148M YoY, exceeding guidance; non-GAAP gross margin 55%.
Bandwidth Q2 revenue $146M, adjusted EBITDA $11M beat guidance; secured $50M credit facility
Q2 revenue $146M (vs $136M YoY); adjusted EBITDA $11M (vs $5M YoY), both above guidance ranges.
Bandwidth reports 2023 annual meeting results; approves incentive plan and directors
Elected David A. Morken and Rebecca G. Bottorff as Class III directors with ~29.2M and ~28.9M votes for, respectively.
Bandwidth Q1 revenue $138M beats guidance; messaging revenue up 8% YoY
Revenue of $138M, up 5% YoY, exceeding company guidance.
Bandwidth terminates SVB credit agreement after SVB's closure; no outstanding borrowings
SVB was closed by California DFPI on March 10, 2023; FDIC appointed receiver.
Bandwidth says SVB closure not material; $100k cash at SVB, $50M undrawn facility
Holds approximately $100,000 cash on deposit at Silicon Valley Bank.
Bandwidth repurchases $65M of 0.25% convertible notes at 22% discount; $175M remain
Repurchasing $65M aggregate principal of 0.250% Convertible Senior Notes due 2026 at ~22% discount to par.
Bandwidth Q4 revenue $157M beats guidance; net income $33M; 2023 Adj. EBITDA +30%
Q4 revenue $157M, up 25% YoY; full year revenue $573M, up 17% YoY; both exceeded mid-point of guidance by $10M.
Bandwidth enters severance agreement with outgoing President Marina Carreker
Marina Carreker resigns as President, stays through Dec 31; receives $276,700 cash severance over 12 months.
Q3 revenue $148M, above guidance; non-GAAP EPS $0.27 vs $0.25 YoY; raised FY2022 outlook.
Bandwidth Q2 revenue $136M beats expectations; net loss narrows to $6M
Total revenue $136M for Q2 2022, up 12.4% from $121M in Q2 2021.
Bandwidth secures $50M revolving credit facility maturing June 2025
$50.0M revolving credit facility with $20M letter-of-credit sublimit and $5M swingline subfacility.
Bandwidth stockholders elect directors, ratify auditor, approve executive pay at 2022 annual meeting
Elected John C. Murdock and Douglas A. Suriano as Class II directors with 27.5M and 29.5M votes for, respectively.
Bandwidth Q1 revenue $131M (+16% YoY); GAAP net loss widens to $0.27/shr
Revenue $131M, up 16% YoY; dollar-based net retention rate 114%.
Bandwidth Q4 total revenue $126M (+11% YoY); full year revenue $491M (+43% YoY)
Full year total revenue $491M, up 43% YoY; CPaaS revenue $414M, up 39% YoY.
Bandwidth hires Anthony Bartolo as COO; RSU award of $3M, signing bonus $700k
Anthony Bartolo appointed COO effective Feb. 28, 2022; he previously led product at Avaya and Tata Communications.
Bandwidth appoints CPO Bottorff to board; CMO Allen departs with $305K severance
Rebecca Bottorff appointed to board as Class III director effective Jan 11, 2022; board expands to six.
Bandwidth posts December 2021 investor presentation; no material new disclosures
Company filed an investor presentation dated December 2021 as Exhibit 99.1.
Bandwidth CMO Noreen Allen to step down after nearly 10 years; last day Jan 14, 2021
Noreen Allen resigning as CMO; last day January 14, 2021; will assist with successor search.
Bandwidth reports Q3 revenue of $130.6M, up 54% YoY; GAAP net loss $6.9M
Total revenue $130.6M (+54% YoY); CPaaS revenue $107.4M (+46% YoY).
On January 1, 2025, Bandwidth Inc. (the “Company”) appointed Devesh Agarwal, its Interim Chief Operating Officer and Chief Software Strategy Officer, as its Chief Operating Officer.
On July 1, 2024, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Bartolo Letter Agreement”) with Anthony F. Bartolo, the Company’s outgoing Chief Operating Officer, in connection with his resignation.
On July 1, 2024, the Company appointed Devesh Agarwal, its Chief Software Strategy Officer, to serve in an additional capacity as its Interim Chief Operating Officer.
On May 6, 2024, Anthony F. Bartolo informed the Company that he has decided to resign his position as Chief Operating Officer of Bandwidth, following a transition period.
On February 21, 2023, the board of directors of Bandwidth appointed Devin M. Krupka, Bandwidth’s Controller, as Bandwidth’s principal accounting officer.
On November 17, 2022, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Carreker Letter Agreement”) with Marina C. Carreker, the Company’s outgoing President, in connection with her resignation.
On October 31, 2022, Marina C. Carreker informed Bandwidth that she has decided to resign her position as President of Bandwidth, effective December 31, 2022.
On February 22, 2022, Bandwidth Inc., a Delaware corporation (“Bandwidth” or the “Company”), entered into an Employment Agreement (the “Employment Agreement”) with Anthony F. Bartolo, who will serve as the Company’s Chief Operating Officer.
Ms. Allen previously submitted her resignation and will depart the Company effective January 14, 2022.
appointed Rebecca Bottorff to fill the vacancy resulting from such increase, effective as of January 11, 2022.
On November 30, 2021, Noreen Allen informed Bandwidth Inc., a Delaware corporation (“Bandwidth,” “we,”, “our,” or “us”), that she has decided to step down as Chief Marketing Officer of Bandwidth.
Max materiality 0.80 · Median 0.62 · Most common event earnings