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Weave Communications (WEAV)
NYSE:WEAV
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
<0.01Last Year’s EPS
-0.01Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -15.57%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call for Weave Communications reflected a positive outlook with strong revenue growth, improved profitability, and strategic advancements in AI and partnerships. Despite some anticipated challenges with year-over-year comparisons and increased compliance costs, the company's performance and strategic initiatives indicate a robust position for future growth.Company Guidance
During the Weave Communications Q4 and Full Year 2024 Earnings Call, the company reported significant financial achievements and set strategic guidance for 2025. The 2024 fiscal year saw Weave deliver strong revenue growth of nearly 19%, with gross margins reaching 72.6%—an improvement for the 12th consecutive quarter. The company achieved $6.1 million in free cash flow during Q4, representing a free cash flow margin of 11% and a year-over-year growth of 109%. Notably, the company attained full-year profitability for the first time, marking a pivotal milestone. The guidance for 2025 projects total revenue between $232 million and $237 million, with a non-GAAP operating income ranging from $2 million to $6 million. This guidance reflects the company's focus on strategic investments in specialty medical verticals, partnerships, payments, and AI to drive future growth. Despite the cautious approach to pricing adjustments in 2025, Weave expects continued growth in its core business and plans to expand its mid-market sales capacity and enhance its payments and AI solutions. With an addressable market estimated at over $7 billion in the US, Weave aims to solidify its market leadership and unlock new revenue streams through disciplined investments and strategic initiatives.Strong Revenue Growth
In Q4 2024, Weave delivered strong revenue growth of nearly 19%, with subscription and payment revenue growing by 21% for the year, up from 19% in the previous year.
Record Gross Margins
Gross margins improved for the 12th consecutive quarter, reaching 72.6% in Q4 2024.
Positive Operating Income
Q4 2024 marked Weave's second consecutive quarter of positive operating income, resulting in full-year profitability for the first time in Weave's history.
Significant Free Cash Flow Growth
Weave achieved $6.1 million in free cash flow in Q4, more than doubling year-over-year, and $10.4 million for the year, representing nearly 60% year-over-year growth.
Expansion into Specialty Medical Verticals
Revenue from specialty medical practices grew at twice the rate of the overall company revenue in 2024, with the fastest-growing market segment in Q4.
Partnership Success
Strategic partnerships with Patterson Dental and others expanded Weave's serviceable market by over 100,000 locations, driving increased bookings and payments revenue.
AI-Powered Innovations
Weave launched an AI-powered Call Intelligence product and enhanced its AI platform to improve patient engagement and operational efficiencies.
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WEAV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WEAV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $16.89 | $14.26 | -15.57% |
| Oct 30, 2024 | $13.79 | $14.02 | +1.67% |
| Jul 31, 2024 | $10.00 | $10.90 | +9.00% |
| May 01, 2024 | $10.93 | $8.65 | -20.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Weave Communications (WEAV) report earnings?
Weave Communications (WEAV) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Weave Communications (WEAV) earnings time?
Weave Communications (WEAV) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WEAV EPS forecast?
WEAV EPS forecast for the fiscal quarter 2025 (Q1) is <0.01.
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