Weave Communications, Inc. (NYSE:WEAV) Q4 2023 Earnings Conference Call February 21, 2024 4:30 PM ET

Company Participants

Mark McReynolds - Head of Investor Relations

Brett White - Chief Executive Officer

Alan Taylor - Chief Financial Officer

Conference Call Participants

Alex Sklar - Raymond James

Brent Bracelin - Piper Sandler

Parker Lane - Stifel Nicolaus

Jacob Staffel - Goldman Sachs

Tyler Radke - Citi

Mark Schappel - Loop Capital Markets

Operator

Greetings, and welcome to the Weave Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mark McReynolds, Head of Investor Relations. Thank you. Mr. McReynolds, you may begin.

Mark McReynolds

Thank you, Camilla. Good afternoon, and thank you for joining us for our fourth quarter and full-year 2023 earnings conference call. Joining the call today are Brett White, CEO; and Alan Taylor, CFO. Brett will open the call with an overview of Weave's performance and Alan will discuss our financial results in more detail. After the prepared remarks, we will take questions.

Today's discussion contains forward-looking statements that represent our beliefs or expectations about future events. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Please refer to the cautionary language in the earnings release and in Weave's filings with the Securities and Exchange Commission, including our most recent Form 10-K and 10-Q for additional information concerning factors that could cause these results to differ materially from the forward-looking statements.

We will also discuss financial measures that do not conform with Generally Accepted Accounting Principles. For the sake of clarity, unless otherwise noted, all numbers we talk about today will be on a non-GAAP basis. Information maybe calculated differently than similar non-GAAP data presented by other companies. A reconciliation between these non-GAAP and GAAP financial measures is included in our earnings press release, which can be found on our Investor Relations website at investors.getweave.com.

And with that, I will turn the call over to Brett.

Brett White

Thank you, Mark, and welcome to everyone joining us this afternoon. I'd like to kick off the call by welcoming David McNeil to our leadership team as Chief Revenue Officer. David brings over 25 years of experience in scaling SaaS businesses, leading sales, customer success, revenue operations and payments team. He spent six years at HubSpot, where he was instrumental in leading sales teams as the company grew from $90 million to nearly $1 billion in annual recurring revenue. He also served as the Chief Commercial Officer at Tebra, a leading automation platform for independently owned healthcare practices, and in leadership positions at Salesforce and Bank of America. We're excited to leverage David's expertise as we continue to execute on the multiyear opportunities that we have in front of us.