Weave Communications Inc Stock Price, News & Analysis

Weave Communications (NYSE: WEAV) has announced an employment inducement equity award granted to Jeff Tibbs, the company's newly appointed Corporate Controller & VP of Finance. The award, granted on February 6, 2025, consists of restricted stock units for 30,000 shares of Weave's common stock.

The vesting schedule spans three years, with 33% vesting on March 15, 2026, and the remaining 67% vesting in equal quarterly installments over the following two years, contingent upon Mr. Tibbs' continued employment. The award was granted under Weave's 2022 Inducement Equity Incentive Plan and approved by the Compensation Committee under NYSE Rule 303A.08's employment inducement exception.

Weave (NYSE: WEAV), a provider of customer experience and payments software for small and medium-sized healthcare businesses, has scheduled its fourth quarter and full year 2024 financial results release after U.S. markets close on Thursday, February 20, 2025.

The company will host a conference call and webcast at 4:30 p.m. ET to discuss the results and provide a business update. Interested parties 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 leading customer experience and payments software platform for healthcare businesses, has been named an overall winner at the APPEALIE SaaS and Software Awards in multiple categories including Analytics and Business Intelligence, Customer Service, and ERP and Finance for Small Business and Mid-Market companies.

The recognition was based on several criteria including Net Promoter Scores™, UI/UX, product improvements, and third-party analyst research. Weave was among just 14 SaaS applications recognized for excellence, with award winners averaging over 4.6 stars on major software review platforms.

The company recently launched a redesigned platform featuring AI-powered tools including an Assistant for personalized review responses, branded emails, and automated tasks. The platform's Call Intelligence feature helps healthcare providers analyze call data and identify revenue opportunities. Weave's achievements include ranking first in 23 categories in the G2 2025 Winter Report and recognition on multiple workplace excellence lists.

Weave (NYSE: WEAV) announced a new integration with Prompt, a leading software platform for rehab therapy practices. The integration combines Weave's customer experience and payments platform with Prompt's practice management system to enhance operations for physical therapy practices.

Key features include: a VoIP phone system with Call Pop for instant patient information access, two-way texting capabilities, automated missed-call texts, appointment reminders, automatic data synchronization, and streamlined payment solutions including Text-to-Pay and automated payment reminders.

The integration aims to address common challenges in physical therapy practices such as operational inefficiencies, delayed payments, and high no-show rates. Benefits include increased patient engagement, reduced administrative workload, improved cash flow, scalability, and enhanced patient experience through better communication and appointment tracking.

Weave (NYSE: WEAV), a healthcare customer experience and payments software platform, has achieved significant recognition in G2's 2025 Winter Report, ranking first in 23 categories and earning 45 badges. The company was featured in 87 reports, including recognition as Best Patient Relationship Management Software.

Among recent developments, Weave launched enhanced platform features, including AI-powered Call Intelligence for Healthcare Practices, which enables automated call categorization and revenue opportunity identification. The company topped categories including Small-Business Grid® for Patient Relationship Management, Patient Intake, HIPAA Compliant Messaging, and Optometry.

These achievements follow multiple workplace excellence awards, including ranking among Utah's top 20 best places to work and recognition on Inc.'s Annual List of Best Workplaces for 2024.

A recent survey commissioned by Weave (NYSE: WEAV) reveals significant insights into how different generations use online resources for healthcare decisions. The study of 1,000 U.S. consumers highlights that 43% of Millennials research symptoms before appointments, while 45% of Gen Z use online information to determine appointment necessity.

The survey found that while Baby Boomers primarily trust doctors over online advice, younger generations often come to appointments with internet-based expectations. Notably, 62% of Gen Z patients report feeling upset when their online research-based concerns are dismissed.

Patients prefer trusted websites like WebMD (63%) and Mayo Clinic (47%) for health information. Digital accessibility is crucial, with 39% of patients valuing online chat and 37% seeking 24/7 access to healthcare services.

Weave (NYSE: WEAV), a customer experience and payments software platform for healthcare businesses, has been honored with 2024 Top Workplaces Culture Excellence awards in five categories. The recognition, based on verified employee feedback through Energage's survey program, highlights Weave's achievements in Innovation, Employee Appreciation, Employee Well-Being, Compensation & Benefits, and Leadership.

Chief People Officer Brooke Shreeve emphasized the company's commitment to creating a supportive workplace environment. This recognition adds to Weave's recent accolades, including ranking in Utah's top 20 best places to work, placing in the top 25 of the 2024 Utah 100, leading in 21 categories in the G2 2024 Fall Report, and making Inc.'s Annual List of Best Workplaces for 2024.

Weave (NYSE: WEAV), a leading healthcare customer experience and payments software platform, has been named a 2024 Inc. Power Partner Award winner. The award recognizes B2B organizations that excel in supporting entrepreneurs and driving business growth.

The company received high marks from customers for its role in business growth through its platform that provides tools for patient engagement, communication automation, and payment workflows. CEO Brett White emphasized how healthcare providers rely on Weave's intuitive software to operate efficiently without dedicated IT or marketing teams.

This recognition adds to Weave's recent accolades, including ranking in Utah's top 20 best places to work, placing in the top 25 on the 2024 Utah 100, ranking first in 21 categories in the G2 2024 Fall Report, and making the Great Place to Work list in both the U.S. and India.

Weave (NYSE: WEAV) reported strong Q3 2024 results with total revenue of $52.4 million, up 20.3% year-over-year. The company achieved positive non-GAAP operating income of $1.4 million for the first time in its history. GAAP gross margin improved to 72.0%, while non-GAAP gross margin reached 72.5%. Free cash flow increased to $3.5 million from $2.1 million last year. The company unveiled a new AI-powered platform featuring Weave Assistant and Call Intelligence products. For Q4 2024, Weave expects revenue between $52.6-$53.6 million and non-GAAP operating income of $0.9-$1.9 million.