Weave Communications Inc reports results for the quarter ended December 31 - Earnings Summary

Weave Communications

20/02/2025 22:01

* Weave Communications Inc  WEAV.N  reported quarterly
adjusted
earnings of 3 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of -1 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 2 cents per
share. Wall Street expected results to range from 1 cents to 3
cents per share.
    * Revenue rose 18.6% to $54.17 million from a year ago;
analysts
expected $53.23 million. 
    * Weave Communications Inc's reported EPS for the quarter
was a
loss of 9 cents​.
    * The company reported a quarterly loss of $6.71 million.
    * Weave Communications Inc shares had risen by 7.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Weave
Communications Inc is $17.00 
This summary was machine generated from LSEG data February 20 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.02           0.03           Beat
 Sep. 30 2024      -0.01          0.03           Beat
 Jun. 30 2024      -0.02          0.00           Beat
 Mar. 31 2024      -0.02          -0.01          Beat