Weave munications(WEAV) - 2024 Q3 - Quarterly Results

Weave Announces Third Quarter 2024 Financial Results • Third quarter total revenue of $52.4 million, up 20.3% year over year • GAAP gross margin of 72.0%, up 330 basis points year over year • Non-GAAP gross margin of 72.5%, up 320 basis points year over year • GAAP Operating Loss of$ 6.6 million, an improvement of $1.4 million year over year • Non-GAAP Operating Income of$ 1.4 million, an improvement of $3.2 million year over year • Third quarter net cash provided by operating activities of$ 4.5 million, up ...