secwatch.observer — SEC 8-K summary
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Issuer:     Weave Communications, Inc. (WEAV)
CIK:        0001609151
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001609151-24-000091
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weave Communications Q2 2024: revenue $50.6M (+21% YoY), first adjusted EBITDA positive
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- Revenue $50.6M (+21.4% YoY); GAAP gross margin 71.4% (+410 bps).
- GAAP net loss $8.6M ($0.12/share); non-GAAP net loss $0.3M ($0.00).
- Operating cash flow $22.7M (vs $1.6M); free cash flow $21.2M (vs $0.9M).
- CEO reports first positive adjusted EBITDA in company history.
- Q3 revenue guidance $50.7M–$51.7M; full year $201M–$203M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609151/000160915124000091/0001609151-24-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609151/000160915124000091/weav-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001609151-24-000091

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