Weave Communications Inc Stock Price, News & Analysis

Weave (NYSE: WEAV), a provider of customer experience and payments software for healthcare businesses, has appointed Abhi Sharma as Chief Technology Officer. Sharma, who joined Weave five months ago, brings extensive experience from leadership roles at Salesforce, Oracle, Amazon, and Microsoft. Most recently at Twilio, he led R&D for their $4 billion Communications business, managing infrastructure for over a trillion emails and 150 billion messages annually.

In his new role, Sharma will spearhead Weave's technology strategy, focusing on AI-powered workflow automation and the integration of recently acquired TrueLark platform.

Weave Communications (NYSE:WEAV) reported strong Q2 2025 financial results with total revenue of $58.5 million, up 15.6% year-over-year. The company achieved a GAAP gross margin of 71.7% and non-GAAP gross margin of 72.3%, both showing improvement from the previous year.

Key highlights include the acquisition of TrueLark, an AI-powered workflow automation platform, and Specialty Medical becoming Weave's second-largest vertical. The company reported non-GAAP net income of $1.5 million ($0.02 per share) and Adjusted EBITDA of $1.1 million. For Q3 2025, Weave expects revenue between $60.1-$61.1 million, and full-year 2025 revenue guidance of $236.8-$239.8 million.

Weave (NYSE: WEAV), a healthcare customer experience and payments software platform, has achieved significant recognition in G2's 2025 Summer Report, leading in 34 categories and earning 63 badges. The company maintained its leadership position in Patient Relationship Management (PRM) Software, demonstrating strong market presence and customer satisfaction.

Following its recent acquisition of TrueLark, an AI-powered receptionist platform, Weave is enhancing its healthcare automation capabilities. The integration focuses on 24/7 communication workflows, enabling healthcare practices to transition from reactive to proactive patient engagement.

The company's recognition spans multiple categories including Patient Intake, HIPAA Compliant Messaging, Patient Scheduling, and Veterinary Practice Management, validating its AI-first approach to healthcare automation.

Weave (NYSE: WEAV), a customer experience and payments software platform for healthcare businesses, has announced a new integration with Ortho2's Edge Cloud, a leading orthodontic practice management software.

The integration introduces several key features including automated data synchronization, VoIP phone system with call identification, two-way texting capabilities, automated appointment reminders, and review management tools. These features are designed to help orthodontic practices streamline their communication workflows and enhance patient engagement.

The partnership aims to reduce administrative burdens while helping healthcare providers maintain better patient relationships through improved communication tools.

Weave (NYSE: WEAV), a customer experience software platform for healthcare businesses, has announced a new integration with Neo, a cloud-based veterinary practice management software. The integration enhances veterinary practice management through several key features including automated appointment reminders, data synchronization, and client profile management.

Key features include automated appointment reminders with confirmation writebacks, real-time client profile display during calls, vaccination reminders, review management for Google and Facebook, missed-call text functionality, and text writebacks to the practice management system. The integration also streamlines payment processes through text-to-pay and flexible payment options.

Weave (NYSE: WEAV), a provider of customer experience and payments software for healthcare businesses, has scheduled its Q2 2025 financial results announcement for July 31, 2025 after market close.

The company will host a conference call and webcast at 4:30 p.m. ET to discuss the results and provide business updates. Investors can access the call by dialing (412) 902-1020 or toll-free at (877) 502-7186. A live webcast and replay will be available on Weave's investor relations website at investors.getweave.com.

Weave (NYSE: WEAV), a customer experience and payments software platform for healthcare businesses, has appointed Adrian McDermott to its Board of Directors. McDermott, currently serving as Chief Technology Officer at Zendesk, brings three decades of technology leadership experience to Weave.

McDermott's notable achievements include leading Zendesk's integration of over a dozen acquired technologies and helping guide the company to over $1 billion in annual revenue. His previous roles include serving on Mandiant's Board, acting as YC Continuity Advisor, and leadership positions at Attributor and BEA Systems.

This appointment follows Weave's recent acquisition of TrueLark and its recognition in G2's 2025 Best Software Awards, highlighting the company's focus on technological innovation and expansion in multi-location healthcare practices.

Weave (NYSE: WEAV) has successfully completed its acquisition of TrueLark, an AI-powered receptionist and front-desk automation platform for healthcare businesses. This strategic acquisition aligns with Weave's goal to spearhead AI innovation in healthcare communications. Additionally, Weave filed a Form S-3 shelf registration statement with the SEC on May 16, 2025, to register the shares issued for the TrueLark acquisition. The company clarified it has no immediate plans to offer or sell additional securities under this registration.

Weave Communications (NYSE: WEAV) has announced the acquisition of TrueLark, an AI-powered receptionist platform, for $35 million ($25M cash, $10M equity). The strategic acquisition combines Weave's healthcare communications leadership with TrueLark's agentic AI capabilities to enhance front-office automation for healthcare practices.

The merger addresses critical staffing shortages in healthcare by providing 24/7 AI-powered assistance for appointment booking, patient communication, and administrative tasks. The combined solution targets an estimated $10 billion domestic and $22 billion international addressable market, focusing on dental service organizations and multi-location practices.

The transaction is expected to close in Q2 2025, with additional performance-based stock awards for key personnel over two years.