Weave Communications Q2 Sales $50.586M Beat $48.670M Estimate
Portfolio Pulse from Benzinga Newsdesk
Weave Communications (NYSE:WEAV) reported Q2 sales of $50.586 million, beating the analyst consensus estimate of $48.670 million by 3.94%. This represents a 21.41% increase over the same period last year.
July 31, 2024 | 9:40 pm
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Weave Communications reported Q2 sales of $50.586 million, surpassing the analyst estimate of $48.670 million by 3.94%. This also marks a 21.41% increase from the same period last year, indicating strong growth.
The better-than-expected sales figures and significant year-over-year growth are likely to positively impact WEAV's stock price in the short term. Investors often react favorably to earnings beats and strong growth metrics.
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