Weave Expects Q3 Total Revenue Of $50.7M - $51.7M (Est $50.36M); Raises FY24 Outlook From
$197M - $200M To $201M - $203M (Est $198.51M)
Portfolio Pulse from Benzinga Newsdesk
Weave has announced its Q3 total revenue expectations to be between $50.7M and $51.7M, surpassing the estimated $50.36M. Additionally, the company has raised its FY24 outlook from $197M - $200M to $201M - $203M, exceeding the estimated $198.51M.
July 31, 2024 | 10:27 pm
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Weave has announced higher-than-expected Q3 revenue and raised its FY24 outlook, indicating strong financial performance and growth potential.
Weave's announcement of higher-than-expected Q3 revenue and an increased FY24 outlook suggests strong financial health and growth potential. This positive news is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100