Weave Announces Third Quarter 2024 Financial Results
Weave Communications, Inc. (WEAV)
Company Research
Source: Business Wire
Third quarter total revenue of $52.4 million, up 20.3% year over year.GAAP gross margin of 72.0%, up 330 basis points year over year.Non-GAAP gross margin of 72.5%, up 320 basis points year over year.GAAP Operating Loss of $6.6 million, an improvement of $1.4 million year over year.Non-GAAP Operating Income of $1.4 million, an improvement of $3.2 million year over year.Third quarter net cash provided by operating activities of $4.5 million, up from net cash provided by operating activities of $3.3 million last year.Free cash flow of $3.5 million, up from free cash flow of $2.1 million last year. LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced its financial results for the third quarter ended September 30, 2024.“We delivered another strong quarter, with solid top-line performance and substantial improvements in gross margins, operating margins, a
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News
- Weave Communications, Inc. (WEAV) Is Up 8.08% in One Week: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Why Weave Communications (WEAV) Might be Well Poised for a Surge [Yahoo! Finance]Yahoo! Finance
- Weave Communications, Inc. (NYSE: WEAV) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $13.00 to $14.50. They now have a "neutral" rating on the stock.MarketBeat
- Weave Communications, Inc. (NYSE: WEAV) had its price target raised by analysts at Loop Capital from $15.00 to $18.00. They now have a "buy" rating on the stock.MarketBeat
- Weave Communications, Inc. (NYSE: WEAV) had its price target raised by analysts at Piper Sandler from $16.00 to $17.00. They now have an "overweight" rating on the stock.MarketBeat
WEAV
Earnings
- 10/30/24 - Beat
WEAV
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- WEAV's page on the SEC website