Weave Communications Q3 2024 Adj. EPS $0.03 Beats $(0.01) Estimate, Sales $52.386M Beat $51.378M Estimate
Portfolio Pulse from Benzinga Newsdesk
Weave Communications reported Q3 2024 earnings of $0.03 per share, surpassing the expected loss of $(0.01) and marking a significant improvement from the previous year's loss. Sales also exceeded expectations, reaching $52.386 million, a 20.31% increase from last year.
October 30, 2024 | 8:44 pm
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Weave Communications reported better-than-expected Q3 2024 earnings and sales, with EPS of $0.03 beating the $(0.01) estimate and sales of $52.386M exceeding the $51.378M estimate.
The significant earnings beat and sales growth indicate strong performance and potential positive investor sentiment, likely leading to a short-term stock price increase.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100