Weave munications(WEAV) - 2024 Q2 - Quarterly Results

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 ...