Weave Q4 revenue $45.7M (+21% YoY); guides FY 2024 revenue $194-198M

Weave Communications, Inc.

2023-FY EPS reported -$0.46 revenue$170,468,000

Q4 total revenue $45.7M, up 21.2% YoY; GAAP net loss $7.0M ($0.10/share) vs. $9.3M loss prior year.
Full year 2023 revenue $170.5M (+19.9% YoY); GAAP net loss $31.0M ($0.46/share), improving from $49.7M loss in 2022.
Q4 positive free cash flow $2.9M (vs. -$3.8M); full year positive free cash flow $6.5M (vs. -$15.9M).
Q1 2024 revenue guided $45.2-$46.2M; FY2024 revenue $194-$198M; non-GAAP loss from ops $(6)-(2)M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Weave Communications, Inc. reported the full year ended December 31, 2023 results: revenue $170.5 million, net income $31.0 million, EPS $0.46 per share. Guidance initiated.

Period: the full year ended December 31, 2023
Revenue: $170.5 million
Net income: $31.0 million
EPS: $0.46 per share
Guidance: initiated
Result: reported results

Exact text from the filing

Total revenue was $170.5 million, representing a 19.9% year-over-year increase compared to $142.1 million in 2022.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Weave Communications, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $45.7 million, net income $7.0 million, EPS $0.10 per share. Guidance initiated.

Period: the fourth quarter ended December 31, 2023
Revenue: $45.7 million
Net income: $7.0 million
EPS: $0.10 per share
Guidance: initiated
Result: reported results

Exact text from the filing

Total revenue was $45.7 million, representing a 21.2% year-over-year increase compared to $37.7 million in the fourth quarter of 2022.

View on SEC.gov

6 earnings releases filed in the last 30 days. Browse all earnings releases →

Weave Communications, Inc. filing history →

Source: SEC EDGAR

accession 0001609151-24-000017

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