Why Weave Communications Stock Flopped on Friday
Weave Communications (NYSE: WEAV) published its latest earnings release on Friday, and it'll probably spend the weekend wishing it hadn't. Mr. Market wasn't happy about the company's slight bottom-line miss, and punished Weave by selling out of its equity. By the end of the day, the company's shares had fallen by almost 5%.
Weave, which specializes in communications solutions for healthcare businesses, released its final set of 2025 figures. The fourth quarter saw the company earn revenue of $63.4 million, which bettered the year-ago period by 17%. Growth on the bottom line was more sluggish, with net income not in accordance with generally accepted accounting practices (GAAP) expanding by 8% to $2.6 million ($0.03 per share).
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Source Fool.com
