Overview
Weave Q3 2025 revenue grows 17.1% yr/yr, beating analyst expectations
Company achieved non-GAAP profitability and increased free cash flow
Launched new payment features to enhance customer engagement and efficiency
Outlook
Weave expects Q4 revenue between $62.4 mln and $63.4 mln
Company forecasts full-year revenue of $238 mln to $239 mln
Weave projects Q4 non-GAAP income from operations of $1.5 mln to $2.5 mln
Company anticipates full-year non-GAAP income from operations of $3.3 mln to $4.3 mln
Result Drivers
PAYMENT FEATURES - Launched new surcharging and bulk payment features to address customer needs and improve efficiency
PRODUCT ADVANCEMENTS - Significant advancements across product roadmap contributed to revenue growth, per CEO Brett White
SMB HEALTHCARE FOCUS - Co's expertise and scale in SMB healthcare market seen as advantage in evolving tech landscape
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$61.34 mln
$60.67 mln (6 Analysts)
Q3 EPS
-$0.11
Q3 Adjusted Net Income
$2 mln
Q3 Net Income
-$8.66 mln
Q3 Gross Profit
$44.34 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Weave Communications Inc is $12.00, about 45.2% above its October 29 closing price of $6.58
Press Release: ID:nBw8P1lXGa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)