Weave Communications Sees FY24 Revenue $194M-$198M Vs $194.580M Est.
Portfolio Pulse from Benzinga Newsdesk
Weave Communications projects its FY24 revenue to be in the range of $194M-$198M, which is in line with the estimated $194.580M.

February 21, 2024 | 9:43 pm
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NEUTRAL IMPACT
Weave Communications' FY24 revenue projection aligns closely with market estimates, indicating stable financial expectations.
Weave Communications' revenue forecast for FY24 is very close to the market estimate, suggesting that the company's financial performance is in line with expectations. This alignment typically results in a neutral short-term impact on the stock price, as it neither significantly exceeds nor falls short of market predictions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90