WEAV Stock Recent News

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.

Tech startups have been trading erratically since the start of the pandemic, experiencing wild volatility in both directions over the past three years. However, a general trend among these stocks is that sentiment on Wall Street remains quite bearish.

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 it will release its financial results for the third quarter 2023 after U.S. markets close on Wednesday, November 1, 2023. Company management will host a conference call and webcast at 5 p.m. ET to discuss Weave's financial results and provide a business update. Individuals interested in listening to the conference call may.

Weave Communications offers valuable software solutions for healthcare SMBs, but I have reservations about its valuation. While the company's product portfolio and near-term prospects seem promising, concerns arise regarding its financial performance. Weave's stock multiple has expanded, yet its valuation, particularly in relation to forward free cash flows, appears relatively high at 50x forward free cash flows.

Weave (WEAV) and Affirm join forces, empowering patients with flexible payment options for seamless healthcare experiences.

Weave Communications, Inc. beat revenue and EPS estimates in its Q2 2023 financial results. The company provides communications software and payment solutions to healthcare organizations. Weave's stock has recently plateaued and may not see further growth without increased revenue or operating loss reduction.

Weave Communications, Inc. (NYSE:WEAV ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 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 Mark Schappel – Loop Capital Markets Kylie Towbin – Citigroup Matt Bullock – Mike Funk Jacob Staffel – Goldman Sachs Hannah Rudoff – Piper Sandler Operator Good day, ladies and gentlemen, and welcome to the Weave Second Quarter 2023 Earnings Conference Call. Our host for today's call is Mark McReynolds, Head of Investor Relations.

Weave Communications, Inc. (WEAV) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.16 per share a year ago.