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Weave Communications, Inc. (WEAV) Q4 2023 Earnings Call Transcript
Weave Communications, Inc. (WEAV) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.06 per share a year ago.
In the most recent trading session, Weave Communications, Inc. (WEAV) closed at $13.19, indicating a -1.57% shift from the previous trading day.
Weave's stock has experienced fluctuations but has recently recovered. Weave continues to appear undervalued. Weave's expansion into new verticals and industries has the potential to diversify its revenue streams and significantly enlarge its addressable market.
In the most recent trading session, Weave Communications, Inc. (WEAV) closed at $12.97, indicating a +0.15% shift from the previous trading day.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one experience software platform for small and medium-sized healthcare businesses, today announced it will release its financial results for the fourth quarter and full year 2023 after U.S. markets close on Wednesday, February 21, 2024. 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 conference.
Weave Communications, Inc. (WEAV) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Weave Communications, Inc. (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.
Weave Communications, Inc. (WEAV) closed at $11.02 in the latest trading session, marking a -1.69% move from the prior day.
This upcoming holiday season is sure to open up another wave of spending as consumers continue their gift-giving and festivities. Indeed, this type of consumer spending helps boost sales in various sectors like textile & apparel companies.