Weave Communications (WEAV) Tops Q2 EPS by 2c; Offers FY23 Revenue Guidance

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Go back to Weave Communications (WEAV) Tops Q2 EPS by 2c; Offers FY23 Revenue Guidance

Weave Announces Second Quarter 2023 Financial Results

August 2, 2023 4:05 PM EDT

Second quarter total revenue of $41.7 million, up 19.3% year over year. Second quarter net cash provided by operating activities of $1.6 million, up from net cash used in operating activities of $1.7 million last year. Positive free cash flow of $0.9 million, up from negative free cash flow of $2.4 million last year. Significant gross and operating margin improvement year over year.

LEHI, Utah--(BUSINESS WIRE)-- Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced its financial results for the second... More