Weave reports Q1 adjusted EPS 1c, consensus 1c

Reports Q1 revenue $55.8M, consensus $54.72M. “We delivered a strong start to the year, and we continue to make meaningful progress across each of our key growth vectors. We had strong demand in specialty medical, continued progress in mid-market, and solid performance in our payments business,” said CEO Brett White. “Following the closing, the pending acquisition of TrueLark, a leading provider of AI-powered front-desk automation, will advance Weave’s (WEAV) AI roadmap, bringing us closer to realizing our vision for the ‘practice of the future’, and will position us at the forefront of workflow automation with always-on, autonomous patient engagement. We believe this move will expand our addressable market and strengthen our position for long-term growth. We’re creating lasting value for our customers by helping practices operate more efficiently and deliver exceptional patient experiences.”