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Weave munications(WEAV) - 2024 Q3 - Earnings Call Transcript
2024-10-31 02:07
Weave Communications, Inc. (NYSE:WEAV) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Mark McReynolds - Head, Investor Relations Brett White - Chief Executive Officer Alan Taylor - Chief Financial Officer Conference Call Participants Brent Bracelin - Piper Sandler Alex Sklar - Raymond James Parker Lane - Stifel Operator Good day, ladies and gentlemen, and welcome to Weave Third Quarter 2024 Financial Results Conference Call. All lines have been placed on a listen-only mode ...
Weave munications(WEAV) - 2024 Q3 - Earnings Call Presentation
2024-10-30 23:18
NYSE: WEAV Weave Overview Q3 2024 Safe Harbor Statement This presentation has been prepared by Weave Communications, Inc. ("Weave", "we", "us", or "our") for informational purposes only and not for any other purpose. This presentation contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995 that are based on our management's current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of ope ...
Weave munications(WEAV) - 2024 Q3 - Quarterly Results
2024-10-30 20:07
Weave Announces Third Quarter 2024 Financial Results • 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 ...
Weave Communications (WEAV) Surges 8.1%: Is This an Indication of Further Gains?
ZACKS· 2024-09-20 16:46
Weave Communications, Inc. (WEAV) shares ended the last trading session 8.1% higher at $12.02. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.2% gain over the past four weeks. Weave is benefiting from the growing adoption of its solution, which is driving average revenue per user. Expanding footprint in the dental, optometry, veterinary and specialty medical markets has been a positive. This company is expected ...
Weave munications(WEAV) - 2024 Q2 - Quarterly Report
2024-08-07 20:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION ______________ Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40998 Weave Communications, Inc. (Exact name of registrant as specified in its charter) Delaware 26-33 ...
Weave munications(WEAV) - 2024 Q2 - Earnings Call Transcript
2024-08-01 01:49
Weave Communications, Inc. (NYSE:WEAV) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Mark McReynolds - Head, Investor Relations Brett White - Chief Executive Officer Alan Taylor - Chief Financial Officer Conference Call Participants Parker Lane - Stifel Alex Sklar - Raymond James Brent Bracelin - Piper Sandler Mark Schappel - Loop Capital Markets Henry Dane - Goldman Sachs Operator Greetings and welcome to the Weave Second Quarter 2024 Financial Results Conference Call. At t ...
Weave Communications, Inc. (WEAV) Reports Break-Even Earnings for Q2
ZACKS· 2024-07-31 23:15
Weave Communications, Inc. (WEAV) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced a loss of $0.01, delivering a surprise of 50%. Over the last four quarters, the company has s ...
Weave munications(WEAV) - 2024 Q2 - Earnings Call Presentation
2024-07-31 20:47
NYSE: WEAV Weave Overview Q2 2024 Safe Harbor Statement This presentation has been prepared by Weave Communications, Inc. ("Weave", "we", "us", or "our") for informational purposes only and not for any other purpose. This presentation contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995 that are based on our management's current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of ope ...
Weave munications(WEAV) - 2024 Q2 - Quarterly Results
2024-07-31 20:07
Weave Announces Second Quarter 2024 Financial Results • Second quarter total revenue of $50.6 million, up 21.4% year over year • GAAP gross margin of 71.4%, up 410 basis points year over year • Non GAAP gross margin of 71.9%, up 400 basis points year over year • Second quarter net cash provided by operating activities of $22.7 million, up from net cash provided by operating activities of $1.6 million last year. • Free cash flow of $21.2 million, up from free cash flow of $0.9 million last year. LEHI, Utah—J ...
Weave Communications (WEAV) Soars 7.4%: Is Further Upside Left in the Stock?
ZACKS· 2024-07-16 16:10
Weave Communications is part of the Zacks Communication - Network Software industry. Ribbon Communications (RBBN) , another stock in the same industry, closed the last trading session 3.5% higher at $3.84. RBBN has returned 25.3% in the past month. This company is expected to post quarterly loss of $0.02 per share in its upcoming report, which represents a year-over-year change of +60%. Revenues are expected to be $48.84 million, up 17.2% from the year-ago quarter. Weave Communications, Inc. (WEAV) shares r ...