Recent Updates — BAND
Bandwidth Inc. reported third-quarter revenue of $234 million, a 22% increase year-over-year, with Adjusted EBITDA rising 43% to $35 million. The company also updated its full-year 2026 guidance, projecting revenue between $905 million and $910 million and non-GAAP earnings per share of $1.73 to $1.79. Additionally, Bandwidth amended its credit agreement to increase revolving commitments to $200 million and extend the maturity date to October 2031. The company operates as a global enterprise cloud communications provider.
The Board of Directors expanded from five to six members and appointed Charles R. Schroeder as a Class II director, effective October 28, 2026. Schroeder joins with extensive experience advising large technology businesses during his decade at Silver Lake, where he served on multiple portfolio company boards. He will receive restricted stock units consistent with other non-employee directors. Bandwidth Inc. is a leading global cloud communications company providing voice, messaging, and emergency services via its Communications Platform-as-a-Service.
Bandwidth Inc. announced that General Counsel and Secretary R. Brandon Asbill will retire on December 31, 2026. Effective September 1, 2026, Emily C. Harlan was appointed as the new General Counsel and Secretary, succeeding Asbill who transitioned to an advisory role as General Counsel Emeritus and Assistant Secretary through his retirement. Harlan’s employment agreement includes a $360,000 annual base salary, a target cash incentive equal to 50% of her salary, and restricted stock units valued at $1,000,000. Asbill will receive accelerated vesting of unvested RSUs equivalent to his 2026 target bonus in lieu of the cash award. Bandwidth Inc. is a global cloud communications company providing voice, messaging, and emergency services via its Communications Platform-as-a-Service.
Bandwidth Inc. repurchased approximately $20.8 million in aggregate principal amount of its 0.50% Convertible Senior Notes due 2028 through open-market transactions at a discount to par value. Following this settlement, only about $6.7 million of the original $250 million issued principal balance remains outstanding. Existing capped call transactions related to these notes will remain in effect. Bandwidth Inc. operates in the communications technology industry, providing cloud-based voice, video, and IoT connectivity solutions.
Bandwidth Inc. reported second quarter 2026 financial results with revenue of $220 million, a 22% year-over-year increase, and Adjusted EBITDA of $28 million, up 27%, achieving a record Adjusted EBITDA margin of 18%. The company raised its full-year 2026 guidance to revenue between $900 million and $910 million and Adjusted EBITDA between $123 million and $125 million. Additionally, Bandwidth entered into a third amendment to its credit agreement on July 25, 2026, increasing the annual restricted payments limit from $20.0 million to $40.0 million. General Counsel R. Brandon Asbill announced his retirement effective December 31, 2026. Bandwidth Inc. operates in the global enterprise cloud communications industry, providing voice, messaging, and emergency services.