secwatch.observer — SEC 8-K summary
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Issuer:     Weave Communications, Inc. (WEAV)
CIK:        0001609151
Form:       8-K
Filed at:   2021-12-07T23:59:59+00:00
Accession:  0001609151-21-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weave Q3 revenue $30.3M (+42% YoY); net loss widens to $14.8M
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- Revenue $30.3M, up 42% YoY from $21.4M; GAAP net loss $14.8M vs $10.9M prior year.
- Customer locations 22,553 (+31% YoY); net retention rate 104%, gross retention 93%.
- IPO on Nov 10 raised $111.6M net proceeds; partial lock-up release allows up to 1,103,644 shares for sale Dec 10-15.
- Q4 revenue guidance $31.5-$32.5M; FY 2021 revenue guidance $115.5-$116.5M.
- Non-GAAP loss from operations $10.0M vs $5.4M; Adjusted EBITDA -$9.1M vs -$5.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609151/000160915121000004/0001609151-21-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609151/000160915121000004/weave-8xkxearningsrelease4.htm
  HTML page:      https://secwatch.observer/filing/0001609151-21-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer