secwatch.observer — SEC 8-K summary
======================================

Issuer:     Weave Communications, Inc. (WEAV)
CIK:        0001609151
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001609151-23-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weave Communications Q4 revenue $37.7M (+18% YoY); guides FY2023 revenue $156-160M
--------------------------------------------------------------------------------

- Q4 total revenue $37.7M, up 18% YoY; full year revenue $142.1M, up 23% YoY.
- GAAP net loss per share $0.14 in Q4 vs $0.34 loss in Q4 2021; non-GAAP loss $0.06.
- Dollar-Based Net Retention Rate 99%, Gross Retention Rate 94% as of Dec 31, 2022.
- Added 3,362 net new customer locations in 2022, total 27,193 customer locations.
- Q1 2023 revenue guidance $37.5-38.5M; full year 2023 revenue guidance $156-160M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609151/000160915123000002/0001609151-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609151/000160915123000002/weav-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001609151-23-000002

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