* Weave Communications Inc reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of seven analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -1 cents tozero cents per share.

* Revenue rose 20.3% to $52.39 million from a year ago; analysts expected $51.38 million.

* Weave Communications Inc's reported EPS for the quarter was a loss of 8 cents​.

* The company reported a quarterly loss of $5.88 million.

* Weave Communications Inc shares had risen by 5.5% this quarter and gained 17.7% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 35% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* 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 also "buy"

Wall Street's median 12-month price target for Weave Communications Inc is $16.00 This summary was machine generated from LSEG data October 31 at 02:43 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.01 0.03 Beat

Jun. 30 2024 -0.02 0.00 Beat

Mar. 31 2024 -0.02 -0.01 Beat

Dec. 31 2023 -0.03 -0.01 Beat