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Weave Communications, Inc. - WEAV STOCK NEWS

Welcome to our dedicated page for Weave Communications news (Ticker: WEAV), a resource for investors and traders seeking the latest updates and insights on Weave Communications stock.

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.

News

Darkhive Inc. Closes $4M Seed Round to Scale Development of Low-cost Autonomous Drones for Defense and Public Safety

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Darkhive Inc. (DH) announced the closing of a $4M Seed round led by Crosslink Capital and joined by MVP Ventures, Capital Factory, and existing investor Stellar Ventures. This financing will accelerate production of hardware and software product lines for Department of Defense initiatives, following contracts worth $14M in the past year. CEO John Goodson emphasized the importance of strategic investors for future success, aiming to deliver value at scale to supported communities.
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Weave Now Integrates with Dentrix Ascend

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Weave (NYSE: WEAV) announces integration with Dentrix Ascend, enhancing patient experiences for dental practices. The integration combines Dentrix Ascend’s cloud-based practice management solution with Weave’s patient experience software, automating tasks, improving patient engagement, and driving practice growth.
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Weave Ranked a Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

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Weave (NYSE: WEAV) has been named one of North America’s fastest-growing companies for the second year in a row by Deloitte. The company ranked on the Deloitte Technology Fast 500™, showcasing its rapid growth in the technology, media, telecommunications, life sciences, fintech, and energy tech sectors. Weave's CEO, Brett White, expressed excitement and pride in the company's continued growth and dedication to providing innovative patient experience solutions to small- and medium-sized healthcare practices. Weave has recently expanded its all-in-one experience platform with AI-driven Voicemail Transcriptions, Email Assistant, Response Assistant, Payment Product Suite, and Phone Analytics.
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Weave Announces Third Quarter 2023 Financial Results

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Weave, a leading customer experience and payments software platform for healthcare businesses, reported third-quarter total revenue of $43.5 million, up 20.2% YoY. The company also achieved significant milestones, including growing its customer base to over 30,000 locations and improving net cash provided by operating activities to $3.3 million. Weave's positive free cash flow increased to $2.1 million, and there was a substantial gross and operating margin improvement YoY.
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Weave Introduces AI-Driven Voicemail Transcriptions for Healthcare Providers

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Weave, a leading all-in-one experience platform for small and medium-sized healthcare practices, has added AI-driven voicemail transcriptions to its platform. The new feature automatically transcribes voicemails from patients, improving overall user experience by making it faster to consume messages without having to listen to the audio. Weave customers that have already implemented AI into their practices claim they save an average of an hour a day with the technology. A customer and consumer report conducted by Weave found that patients are accepting of AI in healthcare settings and see it leading to enhanced care and patient experiences. The majority of consumers (65%) are open to providers using AI tools in their practices.
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Weave Announces Third Quarter 2023 Earnings Call Time Change

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Weave announces change in conference call time for third quarter 2023 financial results
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Booker by Mindbody Now Integrates with Weave

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Weave announces integration with Booker by Mindbody to provide powerful features for wellness providers
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EMA EHR by ModMed Now Integrates With Weave

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Weave announces integration with EMA EHR by ModMed for dermatology providers
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Weave Announces Date of Third Quarter 2023 Financial Results and Conference Call

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Weave to release Q3 2023 financial results and provide business update
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Weave Ranks Among the Top 20 in MountainWest Capital Network’s Utah 100 2023

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Weave recognized as one of Utah’s fastest growing companies for the fourth year in a row
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FAQ

What is the current stock price of Weave Communications (WEAV)?

The current stock price of Weave Communications (WEAV) is $13.91 as of November 22, 2024.

What is the market cap of Weave Communications (WEAV)?

The market cap of Weave Communications (WEAV) is approximately 981.0M.

What does Weave Communications, Inc. do?

Weave Communications, Inc. provides a customer experience and payments software platform for small and medium-sized healthcare businesses.

How does Weave improve practice operations?

Weave integrates diverse workflows into a unified solution, reducing manual tasks and maximizing patient engagement.

What features does Weave offer?

Weave offers communication channels, appointment scheduling, payment processing, and more to optimize healthcare practice operations.

How does Weave support SMBs?

Weave democratizes enterprise-level communication tools, making them simple and accessible for small and medium-sized businesses.

What is the primary source of revenue for Weave?

Weave's primary source of revenue is subscription services.

How does Weave enhance patient-practitioner relationships?

Weave's platform maximizes patient engagement by providing efficient communication and streamlined workflows.

What recent achievements has Weave made?

Weave has advanced its software capabilities to provide greater insights and improved productivity for healthcare providers.

What is the focus of Weave's current projects?

Weave focuses on developing its platform to meet the evolving needs of healthcare providers, ensuring valuable information is accessible when needed.

Why is Weave important for SMB healthcare businesses?

Weave simplifies complex workflows and communication processes, helping SMB healthcare businesses improve patient interaction and operation efficiency.

What makes Weave's platform unique?

Weave threads together data, software, and communication platforms into an intuitive and unified solution, specifically tailored for healthcare providers.

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Weave Communications, Inc.

NYSE:WEAV

WEAV Rankings

#2582 Ranked by Market Cap
N/A Ranked by Dividends

WEAV Stock Data

980.95M
56.41M
2.85%
82.12%
1.3%
Health Information Services
Services-prepackaged Software
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United States of America
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