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Weave Communications, Inc. (NYSE:WEAV ) Q2 2025 Earnings Conference Call July 31, 2025 4:30 PM ET Company Participants Mark McReynolds - Head of Investor Relations Brett T. White - CEO & Director Jason Christiansen - Chief Financial Officer Conference Call Participants Alexander James Sklar - Raymond James & Associates, Inc., Research Division Matthew James Kikkert - Stifel, Nicolaus & Company, Incorporated, Research Division Hannah Sable Rudoff - Piper Sandler & Co., Research Division Timothy Greaves - Loop Capital Markets LLC, Research Division Kylie Towbin - Citi Operator Greetings, and welcome to Weave Communications' Second Quarter 2025 Financial Results and Conference Call.
LEHI, Utah--(BUSINESS WIRE)--Weave Communications, Inc. (“Weave”) (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced its financial results for the second quarter June 30, 2025. “Q2 marked another strong quarter for Weave, with solid revenue growth, improved gross margins, and increased free cash flow. We are seeing clear momentum across our growth vectors. Specialty Medical has grown to be our s.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, ranked first in 34 categories in G2's 2025 Summer Report. The company also earned 63 badges and was again named a leader in the Grid for Patient Relationship Management (PRM) Software. G2 is the largest and most trusted software marketplace. Placement in the G2 Report is based on authentic customer reviews, customer satisfacti.
I maintain a Hold rating on Weave Communications on the potential for increasing customer lock-in. Weave's Payments adoption is driving improved client retention and could lead to stickier, higher-margin growth in the future. However, despite top-line momentum, gross margins and Rule of 40 performance have deteriorated slightly due to temporary expenses and elevated SG&A costs.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience software platform for small and medium-sized healthcare businesses, today announced an integration with Neo, a leading cloud-based veterinary practice management software. This integration allows veterinarians to better manage their business through automation and optimization of tasks by unlocking the following Weave features: Appointment Reminders and Confirmation Writebacks: Weave sends automated appoin.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced it will release its financial results for the second quarter 2025 after U.S. markets close on Thursday, July 31, 2025. Company management will host a conference call and webcast at 4:30 p.m. ET to discuss Weave's financial results and provide a business update. Individuals interested in listening to the confere.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced the appointment of Adrian McDermott to its Board of Directors. With three decades of leadership experience in technology and product development, McDermott will bring his expertise in AI-powered customer service solutions, platform scalability, and product development to help guide Weave's strategic technology.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced the successful closing of its previously announced acquisition of TrueLark. Truelark is an AI-powered receptionist and front-desk automation platform. The transaction marks a significant milestone in Weave's strategy to lead the next evolution of AI in healthcare communications. Additionally, on May 16, 2025, W.
Weave's acquisition of TrueLark, a virtual receptionist, aims to enhance automation and boost profitability for SMB healthcare providers. Weave paid $35 million for TrueLark, expecting it to contribute $2.5 million in revenue for 2025. Key metrics to monitor post-acquisition include TrueLark's ARR and Weave's gross margin, with integration risks mitigated by TrueLark's lean team and equity-based earnout.