Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Brett White, the Chief Executive Officer of Weave Communications , Inc. (NYSE:WEAV), recently sold 109,722 shares of the company’s common stock. The transaction took place on March 17, 2025, with the shares sold at an average price of $11.258 each, amounting to a total of approximately $1.24 million. The sale comes as Weave Communications, currently valued at $823 million, shows a "Fair" financial health score according to InvestingPro analysis. This sale was conducted to cover taxes due upon the release and settlement of restricted stock units. Following the transaction, White retains ownership of 1,790,435 shares in the company. While the stock has faced recent volatility, analysts maintain an optimistic outlook, with earnings expected to turn positive this year. For deeper insights into Weave Communications’ financial health and growth prospects, including 7 additional key ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Weave Communications reported its fourth-quarter earnings, which did not meet analyst expectations. The company posted an adjusted loss of $0.09 per share, contrasting with the anticipated profit of $0.01. Revenue for the quarter was slightly above projections at $54.2 million, marking an 18.6% increase year-over-year. For the first quarter of 2025, Weave Communications anticipates revenue between $54 million and $55 million, aligning with the consensus estimate of $54.737 million. However, the company’s earnings per share guidance for the same period is notably broad, ranging from a loss of $0.70 to a profit of $0.30, compared to the analyst estimate of $0.01. The full-year 2025 guidance also presents a wide EPS range of $2.00 to $6.00, with revenue expectations closely matching the consensus at $232-237 million. Despite the earnings miss, the company reported a positive free cash flow of $6.1 million for the fourth quarter, up from $2.9 million the previous year. Additionally, Weave Communications added 3,995 net new customer locations in 2024, bringing its total to 34,997 by the end of the year.
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