SimilarWeb Ltd

SimilarWeb Ltd. engages in the provision of digital market intelligence platform. The firm develops measuring and monitoring tools of websites, and offers browser plugins and tools to explore the web and application programming interface. The company was founded by Or Offer, Nir Cohen, and Benjamin Seror in 2007 and is headquartered in Tel Aviv, Israel.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

SimilarWeb achieves $200M ARR, focuses on growth and profitability

SimilarWeb's strong financial performance in Q4 2022, with revenue growth and margin improvement, reflects a positive trajectory towards profitability.
Strategic objectives for 2023 aim to drive growth through customer focus, product adoption, and operational efficiency, positioning the company for sustained success.
Challenges lie in balancing growth and profitability amidst economic conditions, but opportunities in customer expansion and product enhancement offer avenues for continued growth.

SimilarWeb reports solid Q1 earnings, eyes sustained growth through AI

SimilarWeb's Q1 performance reflects strong revenue growth and margin improvement. The company's strategic focus on free cash flow, AI utilization, and revenue growth presents opportunities for sustained success. Challenges include workforce reduction and the need to achieve positive cash flow by Q4.

SimilarWeb reports 13% revenue growth in Q2 2023 earnings call

SimilarWeb's Q2 2023 earnings call highlighted strong revenue growth, profitability focus, and new product features. Despite challenges in customer expansion and budget optimization, the company remains optimistic about sustained free cash flow positivity and future growth opportunities.

SimilarWeb achieves first non-GAAP profit, focuses on sustained growth

SimilarWeb's Q3 performance showed revenue growth, customer base expansion, and improved operating margins. The launch of Similarweb 3.0 and focus on profitability highlight the company's strengths. Challenges include navigating the macro environment and balancing growth with profitability. Opportunities lie in further leveraging Similarweb 3.0 for growth and maintaining financial stability.

SimilarWeb posts strong Q4 results, eyes profitable growth in 2024

SimilarWeb demonstrated robust performance in Q4 2023, with revenue growth, profitability, and positive outlook for 2024.
The company's strengths lie in successful product launches, customer acquisitions, and a diversified client base across key sectors.
Challenges include balancing growth with investments, customer retention, and operational efficiency, while opportunities exist in strategic focus areas and sustained investments for growth.

SimilarWeb reports robust Q1 earnings, eyes growth through strategic acquisitions

SimilarWeb's Q1 2024 performance reflects solid revenue growth, strong cash flow generation, and strategic acquisitions. The company is well-positioned to leverage its enhanced digital advertising data offerings and AI-driven solutions for future growth. With a focus on profitability and positive cash flow, SimilarWeb aims to sustain its growth momentum throughout 2024.

SimilarWeb accelerates revenue growth in Q3, eyes AI integration

SimilarWeb's Q3 performance showcases strong revenue growth and operational efficiency. With a focus on profitable growth and AI integration, the company aims to navigate market challenges and seize growth opportunities.

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In a year punctuated by direct listings and SPACS, Similarweb has opted for the traditional IPO route. It will trade on the New York Stock Exchange.

Similarweb stock makes NYSE debut in latest tech IPO: Here's what to know

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (“Similarweb”) today announced the pricing of its initial public offering of an aggregate of 8,000,000 ordinary shares at a price to the public of $22.00 per share. Similarweb is offering 7,500,000 ordinary shares and the selling shareholder named in the prospectus is offering 500,000 ordinary shares. In addition, Similarweb has granted the underwriters a 30-day option to purchase up to an additional 1,125,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions.

Similarweb Announces Pricing of Initial Public Offering

News for SimilarWeb Ltd Stock (SMWB)