Workflow
Weave Communications, Inc. (WEAV) Q1 Earnings Match Estimates
WEAVWeave munications(WEAV) ZACKS·2025-05-05 22:20

Group 1 - Weave Communications, Inc. reported quarterly earnings of 0.01pershare,matchingtheZacksConsensusEstimate,comparedtoalossof0.01 per share, matching the Zacks Consensus Estimate, compared to a loss of 0.01 per share a year ago [1] - The company posted revenues of 55.81millionforthequarterendedMarch2025,exceedingtheZacksConsensusEstimateby2.1055.81 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 2.10%, and up from 47.17 million year-over-year [2] - Over the last four quarters, Weave Communications has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2][3] Group 2 - The stock has underperformed, losing about 32.2% since the beginning of the year, while the S&P 500 has declined by only 3.3% [3] - The current consensus EPS estimate for the coming quarter is 0.02onrevenuesof0.02 on revenues of 56.75 million, and for the current fiscal year, it is 0.08onrevenuesof0.08 on revenues of 233.84 million [7] - The Internet - Software industry, to which Weave Communications belongs, is currently in the top 38% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]