secwatch.observer — SEC 8-K summary
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Issuer:     Weave Communications, Inc. (WEAV)
CIK:        0001609151
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001609151-22-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weave Q1 revenue $33.3M (+30% YoY), net loss $13.8M; provides Q2/FY guidance
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- Revenue $33.3M (+30% YoY); GAAP net loss $13.8M ($0.21/share); non-GAAP net loss $10.4M ($0.16/share).
- Q2 revenue guidance $33–34M, FY 2022 $139–142M; non-GAAP loss from ops Q2 $(11)–(10)M, FY $(40)–(36)M.
- Dollar-based net retention rate 103%, gross retention rate 94% as of March 31, 2022.
- Appointed Brett White as President & COO and Branden Neish as Chief Product Officer.
- Lock-up agreements from November 2021 IPO terminate May 6, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609151/000160915122000021/0001609151-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609151/000160915122000021/weav-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001609151-22-000021

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