Weave reports Q1 EPS (5c), consensus (8c)

Reports Q1 revenue $39.6M, consensus $37.8M. "I am excited to share that we kicked off the year with strong operating results and accelerating revenue growth in Q1. We built our plan for the year to accelerate our path to profitability with the goal of exiting the year with positive free cash flow. Through revenue overachievement and continued operational improvements, we were able to deliver positive cash from operations and positive free cash flow in Q1," said CEO Brett White. "These results clearly demonstrate that we are making progress in delivering on this large and underpenetrated opportunity, and our business model enables us to deliver a combination of revenue growth and improving path to profitability."