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

Weave Communications

02/08/2023 22:03

* Weave Communications Inc  WEAV.N  reported a quarterly
adjusted
loss of 23 cents​​ per share for the quarter ended in June. The
mean expectation of eight analysts for the quarter was for a
loss of 7 cents per share.
    * Revenue rose 19.3% to $41.67 million from a year ago;
analysts
expected $39.92 million. 
    * Weave Communications Inc's reported EPS for the quarter
was a
loss of 13 cents​.
    * The mean earnings estimate of analysts had risen by
about 7.9%
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 4.1% this
quarter and gained 152.4% so far this year.
    * The company reported a quarterly loss of $8.99 million.
    * Wall Street's median 12-month price target for Weave
Communications Inc is $12.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.07          -0.23          Missed
 Mar. 31 2023      -0.08          -0.05          Beat
 Dec. 31 2022      -0.11          -0.06          Beat
 Sep. 30 2022      -0.14          -0.10          Beat