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Weave Communications, Inc. (Symbol: WEAV) is a trailblazing customer experience and payments software platform specifically designed for small and medium-sized healthcare businesses. By intertwining data, software, and communication platforms, Weave ensures that valuable information is readily accessible and easy to use, enhancing productivity and collaboration.
At its core, Weave aims to revolutionize patient interaction from the very first contact to the final billing process. The platform integrates a wide range of workflows into a unified solution, significantly reducing manual tasks and maximizing patient engagement. This approach democratizes enterprise-level communication tools, simplifying them for small and medium-sized businesses within the healthcare sector.
Weave offers a variety of features to enhance practitioner-patient relationships and optimize practice operations. These include diverse communication channels, appointment scheduling, payment processing, and more. The company operates in a singular segment, with its primary revenue derived from subscription services.
Recent achievements for Weave include advancing its software capabilities to provide even greater insights and improved productivity for its users. The company continues to develop its platform to meet the ever-evolving needs of healthcare providers, ensuring that meaningful information is available precisely when it is most beneficial for decision-making.
Weave (NYSE: WEAV) has partnered with Provet Cloud to enhance veterinary practice communications across North America. This unique integration aims to streamline services for veterinary professionals, enhancing customer engagement and operational efficiency. Key features include automated reminders, customized messaging, and real-time data synchronization. Weave CEO Roy Banks emphasized the partnership's potential for significant growth, while Nordhealth's Chris Lutz highlighted its innovative benefits for client interactions.
Weave (NYSE: WEAV) announces key leadership changes aimed at enhancing operational execution and driving growth. Brett White, former COO and CFO of Mindbody, is appointed President and COO effective April 25. He will continue as a Board member. Branden Neish joins as Chief Product Officer on April 26, bringing extensive product innovation experience from companies like Progressive Leasing and Ancestry.com. Current COO Marty Smuin will transition to an advisory position, while Chief Legal Officer Wendy Harper departs for a new opportunity. These changes are expected to bolster Weave's market presence and product innovation.
Weave Communications, Inc. (NYSE: WEAV) will announce its Q1 2022 financial results on May 4, 2022, after U.S. markets close. A conference call is scheduled for 5 p.m. EST to discuss these results along with a business update. Interested parties can join the call using the toll-free numbers provided or through a live webcast available on Weave's investor relations page.
Weave is recognized for its innovative customer communication platform tailored for small and medium businesses, earning accolades such as being listed in the Forbes Cloud 100 and Inc. 5000.
Weave (NYSE: WEAV) has been named one of Y Combinator’s Top Companies 2022, highlighting its status as a high-growth company valued over
Weave Communications, Inc. (NYSE: WEAV) reported Q4 2021 total revenue of $31.8 million, up 34% year-over-year. Full-year revenue reached $115.9 million, a 45% increase from 2020. Despite revenue growth, the company recorded a GAAP net loss of $14.3 million for Q4, compared to a loss of $9.9 million in the same period last year. The Dollar-Based Net Retention Rate was 103%, indicating strong customer retention. Weave's outlook for Q1 2022 estimates revenue between $31.0 million and $32.0 million, with expected non-GAAP losses ranging from $12.0 million to $11.0 million.
Weave Communications, Inc. (NYSE: WEAV) will release its fourth quarter and full year 2021 financial results on March 2, 2022, after U.S. market close. A conference call and webcast will occur at 5 p.m. EST to discuss the results and provide a business update. Interested parties can join the call by dialing (646) 828-8193 or (888) 394-8218, using conference ID 5122214. Weave offers an all-in-one customer communication platform for small businesses, enhancing their ability to attract and engage customers.
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