Weave Communications, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 04:05 pm EDT
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Weave Communications, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 43.54 million compared to USD 36.23 million a year ago. Net loss was USD 7.15 million compared to USD 11.82 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.18 a year ago.
For the nine months, sales was USD 124.78 million compared to USD 104.43 million a year ago. Net loss was USD 23.99 million compared to USD 40.47 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 0.62 a year ago.
Weave Communications, Inc. offers customer communications and engagement software platform for small and medium-sized businesses. The Company's products feature Customized Phone System, Text Messaging, Missed Call Text, Team Chat, Weave Reviews, Weave Email Marketing and Email Assistant, Text Connect and Digital Forms. Its cloud-based software platform streamlines the day-to-day operations of running a small business. It offers an all-in-one platform spanning all forms of communications and customer engagement ranging from answering phones, to scheduling appointments, to sending text reminders, to requesting client reviews, to collecting payments, to sending email marketing campaigns, and to verify insurance. Its customer base consists of dental and optometry service providers as well as various client service small businesses in other industries such as veterinary, optometry, veterinary, physical therapy, home services, audiology, medical specialty services and podiatry.
WEAVE COMMUNICATIONS, INC. 
