Weave Communications (WEAV) Tops Q1 EPS by 5c

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Go back to Weave Communications (WEAV) Tops Q1 EPS by 5c

Weave Communications Announces First Quarter 2023 Financial Results

May 3, 2023 4:05 PM EDT

First quarter total revenue of $39.6 million, up 19% year-over-year. First quarter net cash provided by operating activities of $1.5 million, up from net cash used in operating activities of $4.2 million last year. Positive free cash flow of $0.6 million, up from negative free cash flow of $5.1 million last year. Significant gross and operating margin improvement year-over-year.

LEHI, Utah--(BUSINESS WIRE)-- Weave Communications, Inc. (NYSE: WEAV), a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses, today announced its financial... More