Weave Communications, Inc. (WEAV) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.01 per share a year ago.
Weave Communications, Inc. (NYSE:WEAV ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 PM ET Company Participants Mark McReynolds - Head, Investor Relations Brett White - Chief Executive Officer Alan Taylor - Chief Financial Officer Conference Call Participants Alex Sklar - Raymond James Brent Bracelin - Piper Sandler Parker Lane - Stifel Mark Schappel - Loop Capital Markets Operator Greetings, and welcome to the Weave Communications Q4 and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Weave's introduction of the New Weave platform and early success of Weave Enterprise demonstrate strategic maturity and long-term growth potential. Q3 results show strong revenue retention with gross and net retention levels at 92% and 98%, respectively, driven by successful product upsells. Continued gross margin expansion to 72% in Q3, with long-term targets of 75%-80%, indicates sustainable profitability improvements.
Does Weave Communications, Inc. (WEAV) have what it takes to be a top stock pick for momentum investors? Let's find out.
Weave Communications beat Q3 2024 revenue and earnings estimates, showing strong growth in revenue, bookings, and net revenue retention rate. The healthcare marketing and communications market is projected to grow significantly, benefiting Weave's SaaS offerings targeting healthcare and home service SMBs. Weave's strategic partnership with Patterson Dental and increased vendor interest enhance its growth prospects and valuation remains reasonable at a forward EV/Sales multiple of 5.5x.
Weave Communications (WEAV) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Does Weave Communications, Inc. (WEAV) have what it takes to be a top stock pick for momentum investors? Let's find out.
Weave Communications (WEAV) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Weave Communications (WEAV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 25.1% in Weave Communications (WEAV). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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 and the floor will be open for questions and comments following the presentation.
Weave Communications (WEAV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.