Weave Communications (WEAV) Set to Announce Earnings on Wednesday

Weave Communications (NYSE:WEAV) will announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Weave Communications has set its FY 2024 guidance at EPS and its Q2 2024 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Weave Communications (NYSE:WEAV) last announced its quarterly earnings results on Wednesday, May 1st. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.08). Weave Communications had a negative net margin of 17.06% and a negative return on equity of 31.74%. The business had revenue of $47.17 million during the quarter, compared to analysts’ expectations of $45.89 million. During the same quarter in the prior year, the firm earned ($0.12) EPS. On average, analysts expect Weave Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Weave Communications Stock Performance

Shares of Weave Communications stock opened at $10.22 on Tuesday. Weave Communications has a twelve month low of $6.67 and a twelve month high of $13.80. The business has a 50-day moving average price of $9.11 and a 200 day moving average price of $10.62. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.75 and a current ratio of 1.75.

About Weave Communications

Weave Communications, Inc provides a customer experience and payments software platform in the United States and Canada. Its platform enables small and medium-sized healthcare businesses to maximize the value of their patient interactions and minimize the time and effort spent on manual or mundane tasks.