Weave Communications: Q4 Earnings Insights

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Weave Communications WEAV reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Weave Communications beat estimated earnings by 66.67%, reporting an EPS of $-0.01 versus an estimate of $-0.03.

Revenue was up $8.01 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 20.8% increase in the share price the next day.

Here's a look at Weave Communications's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.06 -0.07 -0.08 -0.11
EPS Actual -0.01 -0.05 -0.05 -0.06
Revenue Estimate 42.34M 39.89M 37.78M 36.49M
Revenue Actual 43.54M 41.67M 39.56M 37.69M

To track all earnings releases for Weave Communications visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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