WEAV
Weave Communications, Inc.6.98
+0.23+3.41%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
544.62MP/E (TTM)
-Basic EPS (TTM)
-0.45Dividend Yield
0%Recent Filings
10-Q
8-K
10-Q
Q2 FY2025 results
Weave Communications posted solid Q2 FY2025 results, with revenue climbing 16% year-over-year to $58.5M, fueled by new customer additions and steady expansion from existing ones, while gross margin edged up to 72% from 71% thanks to a richer mix of high-margin payments revenue. Operating loss narrowed slightly to $10.2M from $9.3M, but net loss held steady at $8.7M, with the gap to operating loss mainly from $9.3M in stock-based compensation. Free cash flow turned positive at $4.5M (derived), supported by $5.4M in operating cash flow minus $1.0M capex. The May 2025 acquisition of Vidurama (TrueLark) closed for $35.8M in cash and stock, adding $29.3M goodwill and $8.0M intangibles amortized over 5-7 years to bolster AI-driven automation. Liquidity remains robust with $44.7M cash, $33.2M short-term investments, and a $50M undrawn revolver under covenants met. Yet competition in SMB healthcare software intensifies, pressuring margins if rivals undercut on pricing.
8-K
Weave Q2 revenue up 15.6%
Weave Communications reported Q2 2025 revenue of $58.5 million, up 15.6% year over year, with GAAP gross margin edging to 71.7% and non-GAAP operating income flipping to $0.1 million. The company closed its TrueLark acquisition, bolstering AI-driven patient engagement for SMB healthcare. Specialty Medical surged as the second-largest vertical. Integration risks could temper benefits.
8-K
Weave appoints tech veteran to board
Weave Communications appointed Adrian McDermott, Zendesk's Chief Technology Officer, as an independent Class I director effective August 1, 2025, to bolster its tech strategy. McDermott, with decades in AI-driven customer service and scaling platforms, will receive pro-rated $60,000 cash retainer and $350,000 in restricted stock units. This move, post-TrueLark acquisition, sharpens Weave's innovation edge in healthcare software. Expertise fuels growth.
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