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Stock impact report

Weave Communications, Inc. (WEAV) Reports Q4 Loss, Tops Revenue Estimates [Yahoo! Finance]

Weave Communications, Inc. (WEAV) 
Company Research Source: Yahoo! Finance
Weave Communications, Inc. (WEAV) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced a loss of $0.01, delivering a surprise of 83.33%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Weave Communications, Inc. , which belongs to the Zacks Communication - Network Software industry, posted revenues of $45.69 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 3.28%. This compares to year-ago revenues of $37.69 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement bas Show less Read more
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