Weave Communications Reports Strong Q2 2025 Results with Revenue Growth and Increased Free Cash Flow

Reuters
08/01
Weave Communications Reports Strong <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results with Revenue Growth and Increased Free Cash Flow

Weave Communications, Inc. (NYSE: WEAV) reported its financial results for the second quarter ending June 30, 2025. The company, known for its customer experience and payments software for small and medium-sized healthcare businesses, recorded a non-GAAP income from operations of $0.1 million. This represents an improvement from a non-GAAP loss from operations of $1.0 million in the same period of the previous year. The GAAP net loss for the quarter was $8.7 million, or $0.11 per share, slightly higher than the net loss of $8.6 million, or $0.12 per share, in the second quarter of 2024. Non-GAAP net income was reported at $1.5 million, or $0.02 per share, compared to a non-GAAP net loss of $0.3 million, or $0.00 per share, in the prior year quarter. Adjusted EBITDA improved to $1.1 million from a breakeven position in the second quarter of 2024. Gross revenue retention slightly decreased to 90%, down from 92% in the previous year, while net revenue retention was 96%, compared to 97% in 2024. For the year-to-date, net cash provided by operating activities totaled $5.2 million, up from $3.0 million in the corresponding period last year. Looking ahead, Weave Communications provided guidance for the third quarter of 2025, projecting total revenue between $60.1 million and $61.1 million. The full-year revenue guidance is set between $236.8 million and $239.8 million. Non-GAAP income from operations is forecasted to range from $0.0 million to $1.0 million for the third quarter and $1.2 million to $3.2 million for the full year. During the quarter, Weave also completed its acquisition of TrueLark, an AI-powered workflow automation platform, enhancing its offerings with 24x7 patient engagement capabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weave Communications Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250731264473) on July 31, 2025, and is solely responsible for the information contained therein.

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