Weave Communications, Inc. (NYSE:WEAV ) Q4 2024 Earnings Conference Call February 20, 2025 4:30 PM ET Company Participants Mark McReynolds - Head, Investor Relations Brett White - Chief Executive Officer Alan Taylor - Chief Financial Officer Conference Call Participants Alex Sklar - Raymond James Brent Bracelin - Piper Sandler Parker Lane - Stifel Mark Schappel - Loop Capital Markets Operator Greetings, and welcome to the Weave Communications Q4 and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
LEHI, Utah--(BUSINESS WIRE)--As required by the rules of the New York Stock Exchange, Weave Communications, Inc. (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced that it has granted to Jeff Tibbs, Weave's recently appointed Corporate Controller & VP of Finance, on February 6, 2025, the following equity award as an inducement for him to accept employment: restricted stock units relating to.
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced it will release its financial results for the fourth quarter and full year 2024 after U.S. markets close on Thursday, February 20, 2025. Company management will host a conference call and webcast at 4:30 p.m. ET to discuss Weave's financial results and provide a business update. Individuals interested in listen.
Weave's introduction of the New Weave platform and early success of Weave Enterprise demonstrate strategic maturity and long-term growth potential. Q3 results show strong revenue retention with gross and net retention levels at 92% and 98%, respectively, driven by successful product upsells. Continued gross margin expansion to 72% in Q3, with long-term targets of 75%-80%, indicates sustainable profitability improvements.
Does Weave Communications, Inc. (WEAV) have what it takes to be a top stock pick for momentum investors? Let's find out.
Weave Communications and Ribbon Communications are included in the Zacks Industry Outlook report.
Software companies that focus on communication networks, such as Weave Communications (WEAV) and Ribbon Communications (RBBN), are gaining advantages from the continuous move towards digital technology. This includes the transition to cloud computing and the quick rollout of 5G networks.
Weave Communications beat Q3 2024 revenue and earnings estimates, showing strong growth in revenue, bookings, and net revenue retention rate. The healthcare marketing and communications market is projected to grow significantly, benefiting Weave's SaaS offerings targeting healthcare and home service SMBs. Weave's strategic partnership with Patterson Dental and increased vendor interest enhance its growth prospects and valuation remains reasonable at a forward EV/Sales multiple of 5.5x.
DUBAI, United Arab Emirates, Nov. 22, 2024 (GLOBE NEWSWIRE) -- CoreNest Capital , one of the most dynamic emerging players in venture capital, has announced its latest round of investments, backing seven innovative companies: OpenAI, xAI, Weave Robotics, Blaze Money, Domu, Phonely, Andromeda Surgical, and Texture Capital. These strategic investments underscore CoreNest's commitment to driving transformative growth across AI, robotics, MedTech, and fintech sectors.
Does Weave Communications, Inc. (WEAV) have what it takes to be a top stock pick for momentum investors? Let's find out.