Weave Communications Sees Q1 2024 Revenue $45.2M-$46.2M Vs $45.618M Est.
Portfolio Pulse from Benzinga Newsdesk
Weave Communications projects its Q1 2024 revenue to be in the range of $45.2M to $46.2M, which is around the analyst estimate of $45.618M.

February 21, 2024 | 9:43 pm
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Weave Communications expects Q1 2024 revenue to be between $45.2M and $46.2M, closely matching the analyst estimate of $45.618M.
Weave Communications' revenue forecast for Q1 2024 is closely aligned with analyst expectations, indicating a neutral impact on the stock price in the short term. The forecast falls within a narrow range around the estimate, suggesting that the company's performance is in line with market expectations. This alignment typically does not lead to significant stock price movements unless accompanied by other, more substantial news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100