Weave Communications

Weave Communications, Inc. develops a customer communication platform for service-based businesses. It offers voice, short message service, email and marketing services to dental, optometry, medical, and veterinary offices. The company was founded by Clint Berry, Brandon Rodman, and Jared Rodman in September 2008 and is headquartered in Lehi, UT.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Weave Communications reports robust Q4 performance and strategic growth plans

Weave Communications showcased strong financial performance in Q4 2022, addressing challenges and focusing on strategic growth initiatives for 2023.
The company aims to drive revenue growth, profitability, and customer value through optimized strategies and enhanced customer retention efforts.
With a results-driven mindset and a focus on operational improvements, Weave is poised to capitalize on opportunities for growth and market expansion.

Weave Communications reports strong Q1 results and aims for profitability

Weave Communications (WEAV) delivered strong Q1 2023 results with revenue growth and achieving positive free cash flow for the first time. The company is focused on operational efficiency and expanding its product offerings to drive customer engagement and satisfaction.
While facing challenges in achieving profitability and operational optimization, Weave Communications is actively addressing these issues and aiming to achieve free cash flow positivity by the end of 2023. The company's leadership additions and recognition in industry reports highlight its strengths and growth potential.
Opportunities lie in further leveraging revenue growth momentum, exploring new market opportunities, and enhancing operational efficiencies. Weave Communications is well-positioned to capitalize on these opportunities and drive sustainable growth in the future.

Weave Communications reports robust Q2 growth, eyes positive cash flow

Weave Communications demonstrated solid financial performance in Q2 2023, driven by growth in revenue and customer base. While challenges persist in reducing operating losses, the company's strategic initiatives and positive outlook present opportunities for future expansion and profitability.

Weave Communications reports strong Q3 performance and strategic growth

Weave Communications delivered a robust performance in Q3 2023, marked by revenue growth, improved margins, and positive cash flow generation.
Despite the departure of the Chief Revenue Officer, the company remains focused on enhancing customer experience, revenue growth, and profitability.
Weave's strategic initiatives, including product enhancements and customer retention strategies, position the company well for future growth and market success.

Weave Communications reports strong Q4 earnings and focuses on strategic growth

Weave Communications delivered strong financial performance in Q4 2023, showcasing revenue growth and operational improvements. The company's strategic focus on revenue acceleration, customer value, and partnerships highlights a path for future success.
While facing challenges of operating losses and market competition, Weave has opportunities to drive growth through targeted initiatives and enhanced functionality. The emphasis on disciplined growth strategies and team expansion sets a positive trajectory for the company.
Overall, Weave's Q4 earnings call reflects a balance of achievements, challenges, and opportunities, underlining a commitment to sustainable growth and market leadership. The company's leadership team and strategic direction position it well for continued success in 2024 and beyond.

Weave Communications (WEAV) reports strong Q1 performance and growth opportunities

Weave Communications (WEAV) delivered a robust Q1 2024 performance, exceeding revenue guidance and achieving high gross margins. The company's focus on specialty medical services and customer satisfaction bodes well for future growth.
While facing challenges such as cash flow fluctuations and competition in new markets, Weave has opportunities to accelerate revenue growth through deepening integrations and expanding into non-discretionary services.
Overall, Weave's strong performance, customer-centric approach, and strategic focus on growth areas position the company well for future success in the communications market.

Weave Communications excels in Q2, poised for growth and innovation

Weave Communications delivered a robust performance in Q2 2024, achieving significant financial milestones and demonstrating resilience in a competitive market.
The company's strategic strengths lie in its focus on health care experiences, successful partnerships, and investments in innovative technologies like AI.
While facing challenges in sustaining growth and optimizing resources, Weave has ample opportunities to drive expansion, capitalize on market demand, and enhance customer value.

Weave Communications reports robust Q3 performance and targets margin growth

Weave Communications delivered a strong Q3 performance with revenue growth, positive operating income, and margin improvement, driven by health care verticals and new platform features.
The company's strategic partnerships and focus on margin enhancement strategies position it well for sustained growth and profitability in the future.
While facing challenges in software integrations and pricing strategies, Weave's opportunities lie in health care sector expansion and service efficiency enhancements.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), the all-in-one customer communication and engagement software platform for small business, has been named to the 2022 Shatter List by The Women Tech Council as a company helping to break technology's glass ceiling. This is the first year that the company has earned a spot on the Women Tech Council's list of technology companies with active programs that are leading and accelerating progress towards breaking the glass ceiling for women in the indu

Weave Named to 2022 Shatter List for Helping Break Technology's Glass Ceiling

LONDON & SAN FRANCISCO--(BUSINESS WIRE)-- #DevOps--Weaveworks announces Weave GitOps 2022.03, automating trusted application delivery, secure infrastructure operations with policy as code capabilities.

Weave GitOps 2022.03 Introduces Trusted Application Delivery to Any Kubernetes Environment

HubSpot

Okta

You can thank (or blame) Stifel Nicolaus as appropriate.

Why Weave Communications Popped, but Okta and HubSpot Dropped

LEHI, Utah--(BUSINESS WIRE)--Weave CEO Roy Banks (NYSE: WEAV) has been named as a CEO of the Year by Utah Business magazine. Every year, Utah Business honors a select group of CEOs who have led their organizations with strength, courage, and endurance and have made it their mission to change the way we do business in Utah. Banks was recognized due to his exemplary leadership since taking the helm of Weave as CEO in December 2020. Under Banks' leadership, Weave went public in 2021, added new exp

Utah Business Honors Roy Banks as a CEO of the Year

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), the all-in-one customer communication platform for small business, has been named to Y Combinator's Top Companies 2022. This list is a compilation of the top-performing companies that have gone through Y Combinator and are valued at over $150 million. Weave was the first Utah company to go through Y Combinator, a startup funding boot camp, in 2014. “Weave's growth, TAM and market opportunity are incredibly compelling, even as we approach almost a

Y Combinator Recognizes Weave as a Top-Performing Company

Weave Communications, Inc. (WEAV) CEO Roy Banks on Q4 2021 Results - Earnings Call Transcript

LEHI, Utah--(BUSINESS WIRE)--Weave Communications, Inc. (NYSE: WEAV), a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses, today announced its financial results for the fourth quarter and full year ended December 31, 2021. “Throughout 2021, we continued to serve our core vertical markets – dental, optometry and veterinary – which showed impressive growth and resilience as reflected in our 45% increase in annual revenue and strong r

Weave Communications Announces Fourth Quarter and Full Year 2021 Financial Results

LEHI, Utah--(BUSINESS WIRE)--Weave Communications, Inc. (NYSE: WEAV), a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses, today announced it will release its financial results for the fourth quarter and full year 2021 after U.S. markets close on Wednesday, March 2, 2022. Company management will host a conference call and webcast at 5 p.m. EST to discuss Weave's financial results and provide a business update. Individuals intereste

Weave Communications Announces Date of Fourth Quarter and Full Year 2021 Financial Results and Conference Call

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), the all-in-one customer communication platform for small business, has signed its largest multi-location customer in company history. Dental Care Alliance (DCA), a dental service organization (DSO) supporting more than 370+ practice locations across the U.S., recently became a Weave customer after successfully completing a pilot test for 19 of its allied offices in 2021. Chris Scott, CIO & CISO of Dental Care Alliance, highlighted the success

Weave Adds Largest Multi-Location Customer Ever

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), the all-in-one customer communication platform for small business, has earned the 2022 Top Workplaces USA award, issued by Energage. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets for regional Top Workplaces awards. This recognition is awarded to companies after an extensive employee survey that measures a company's values, leadership, and overal

Weave Named a 2022 Top Workplace USA

Small-business customer communications platform Weave has surpassed the $1 billion mark in payments processed through its Weaves Payments tool, the company announced in a news release Friday (Jan. 28). “Communication serves as the foundation of everything a small business does,” said Roy Banks, Weave's CEO.

Weave Surpasses $1B in Processed Payments

LEHI, Utah--(BUSINESS WIRE)--Weave, the all-in-one customer communication platform for small business, and Vetter, the leading animal healthcare software technology company, announce their integration in an attempt to provide veterinarians and their front office staff with a comprehensive business solution designed to free up time spent on traditional business tasks. With this integration, Weave will automatically sync with Vetter's data, eliminating the need for manual data uploads. Because of

Weave & Vetter Launch Integration to Serve Communications Solutions to American Veterinarians

LEHI, Utah--(BUSINESS WIRE)--Weave, the all-in-one customer communication platform for small business, has been awarded a Dental Townie Choice Award® for its patient communication software. This achievement celebrates new products that make up dentistry's growing technology landscape and further recognizes Weave as a trustworthy and reputable company for dentists to work with. Now in its 16th year, the Townie Choice Awards have recognized thousands of innovators and companies with their annual

Weave Selected as 2021 Dentaltown Townie Choice Award® Winner

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), the all-in-one customer communication and engagement software platform for small business, announced today the appointment of Chris Baird as Chief Marketing Officer. The company's first-ever CMO, Baird joins Weave with more than a decade of experience leading and scaling digital marketing teams, with an extensive background in B2B SaaS marketing. As CMO, Baird will be responsible for accelerating Weave's marketing strategies, building brand aware

Weave Names Chris Baird as Chief Marketing Officer

LEHI, Utah--(BUSINESS WIRE)--Weave Communications, Inc. (NYSE: WEAV), a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses, today announced its financial results for the three months ended September 30, 2021. “Weave was started to enable small and medium sized businesses everywhere to unify, modernize and personalize every customer interaction. Today we provide these businesses with a purpose-built communications and software platfo

Weave Communications Announces Third Quarter 2021 Financial Results

LEHI, Utah, Nov. 24, 2021 /PRNewswire/ -- Weave Communications, Inc. (NYSE: WEAV), a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses, today announced it will release its financial results for the third quarter of 2021 after U.S. markets close on Tuesday, December 7, 2021. Company management will host a conference call and webcast at 5 p.m.

Weave Communications Announces Date of Third Quarter 2021 Financial Results and Conference Call

Weave Communications has seen a soft public offering which I am usually attracted to.I like the lower expectations, yet the actual business is highly competitive, and the company continues to incur quite sizeable losses.

Weave Communications: Discount Looks Compelling, But Concerns Outweigh Appeal

Weave Communications Inc.'s stock sputtered in its public debut as the maker of cloud-based tools for small-business communications received a chilly reception on Wall Street.

IPO Report: Weave Communications stock skids in public debut

Weave Communications Inc. WEAV, announced late Wednesday that its initial public offering priced at $24 a share, below the company's expected range of $25 to $28 a share. The company intends to offer 5 million shares and would raise $120 million in the process of going public.

Weave Communications IPO prices at $24 a share as company looks to raise $120 million

LEHI, Utah, Nov. 10, 2021 /PRNewswire/ -- Weave Communications, Inc., a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses, today announced the pricing of its initial public offering of 5,000,000 shares of common stock at a price to the public of $24.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "WEAV" on November 11, 2021, and the offering is expected to close on November 15, 2021, subject to customary closing conditions.

Weave Communications Announces Pricing of Initial Public Offering

Weave Communications has filed proposed terms for a $133 million IPO. The firm provides a SaaS platform for customer communications for small and medium businesses.

News for Weave Communications Stock (WEAV)