WC

Weave Communications

WEAV
NYSEInformation Technology
$5.52
USD
+0.06(+1.10%)
At close: Jun 12, 20:00 UTC

Open

$5.53

Prev. Close

$5.53

High

$5.53

Low

$5.50

Market Snapshot

Market Cap

$434.14M

P/E Ratio

-17.4

EPS

-0.41

Revenue

$212.95M

Employees

904

Why WEAV moved

Huber Capital Management increased its stake in Weave Communications to $6.74 million, reflecting growing investor confidence in the company's communications technology solutions.

About

Weave Communications, Inc. develops a customer communication platform for service-based businesses. The company is headquartered in Lehi, Utah and currently employs 904 full-time employees. The company went IPO on 2021-11-11. Its Weave platform segment provides communications and payments services to customers under software-as-a-service arrangements. Its products include Unified Phone Number, Customized Phone System, Softphones, Text Messaging, Missed Call Text, Missed Text Auto-Reply, Team Chat, Weave Mobile App, Weave Email Marketing and Email Assistant, Text Connect, Weave Digital Forms and others. Its verticalized software platform streamlines the day-to-day operations of running an SMB healthcare practice. The company offers an AI-powered solution that spans all forms of communication and engagement, including physical and softphones, messaging, email marketing, insurance verification, online appointment scheduling, reviews, payments, and more. The company has over 35,000 locations under subscription and more than 30,000 customers in the United States and Canada.

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