Overview

* Weave Q2 2025 revenue rises 15.6% yr/yr, beating analyst expectations

* Non-GAAP net income for Q2 improves to $1.5 mln from a loss last year

* Co completes acquisition of TrueLark, boosting AI-driven automation capabilities

Outlook

* Company expects Q3 revenue between $60.1 mln and $61.1 mln

* Weave projects full-year revenue of $236.8 mln to $239.8 mln

* Company anticipates Q3 non-GAAP income from operations of $0.0 mln to $1.0 mln

* Weave forecasts full-year non-GAAP income from operations of $1.2 mln to $3.2 mln

Result Drivers

* ACQUISITION - Weave completed acquisition of TrueLark, enhancing AI-driven automation capabilities

* SPECIALTY MEDICAL GROWTH - Specialty Medical vertical became second-largest by customer count, driving revenue increase

* INTEGRATIONS - Launched integrations with Ortho2 Edge and IDEXX Neo, expanding reach to new locations

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $58.47 $57.80

Revenue mln mln (7

Analysts

)

Q2 EPS -$0.11

Q2 $1.50

Adjusted mln

Net

Income

Q2 Net -$8.71

Income mln

Q2 Gross $41.95

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the software peer group is "buy"

* Wall Street's median 12-month price target for Weave Communications Inc ( WEAV ) is $15.00, about 49.9% above its July 30 closing price of $7.52

* The stock recently traded at 77 times the next 12-month earnings vs. a P/E of 96 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)