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

Weave Communications

22/02/2023 23:30

* Weave Communications Inc  WEAV.N  reported a quarterly
adjusted
loss of 6 cents​​ per share for the quarter ended in December.
The mean expectation of eight analysts for the quarter was for a
loss of 11 cents per share.
    * Revenue rose 18.4% to $37.69 million from a year ago;
analysts
expected $36.49 million. 
    * Weave Communications Inc's reported EPS for the quarter
was a
loss of 14 cents​.
    * 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. 
    * Weave Communications Inc shares had risen by 8.5% this
quarter.
    * The company reported a quarterly loss of $9.27 million.
    * Wall Street's median 12-month price target for Weave
Communications Inc is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 11:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.11          -0.06          Beat
 Sep. 30 2022      -0.14          -0.10          Beat
 Jun. 30 2022      -0.16          -0.16          Met
 Mar. 31 2022      -0.18          -0.16          Beat