Weave Communications (WEAV) Misses Q2 EPS by 3c, Beats on Revenue

Go back to Weave Communications (WEAV) Misses Q2 EPS by 3c, Beats on Revenue

Weave Announces Second Quarter 2024 Financial Results

July 31, 2024 4:05 PM EDT

Second quarter total revenue of $50.6 million, up 21.4% year over year GAAP gross margin of 71.4%, up 410 basis points year over year Non GAAP gross margin of 71.9%, up 400 basis points year over year Second quarter net cash provided by operating activities of $22.7 million, up from net cash provided by operating activities of $1.6 million last year. Free cash flow of $21.2 million, up from free cash flow of $0.9 million last year.

LEHI, Utah--(BUSINESS WIRE)-- Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform... More