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

Weave Communications

05/05/2022 24:49

* Weave Communications Inc  WEAV.N  reported a quarterly
adjusted
loss of 16 cents​​ per share for the quarter ended in March. The
mean expectation of eight analysts for the quarter was for a
loss of 18 cents per share.
    * Revenue was $33.27 million​;  analysts expected $31.50
million. 
    * Weave Communications Inc's reported EPS for the quarter
was a
loss of 21 cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.6%
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 fallen by 16.3% this
quarter and lost 67.1% so far this year.
    * The company reported a quarterly loss of $13.84 million.
    * Wall Street's median 12-month price target for Weave
Communications Inc is $12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 11:49 p.m.  ​All
figures in US dollars unless otherwise stated