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SimilarWeb earnings matched, revenue topped estimates

Investing.com – SimilarWeb (NYSE: SMWB) reported third quarter EPS of $0.05, in line with the analyst estimate of $0.05. Revenue for the quarter came in at $64.7M versus the consensus estimate of $62.83M.

Guidance

SimilarWeb sees Q4 2024 revenue of $64.70M-$65.70M versus the analyst consensus of $65.05M.

SimilarWeb sees FY 2024 revenue of $249.00M-$250.00M versus the analyst consensus of $247.50M.

SimilarWeb’s stock price closed at $10.70. It is up 31.13% in the last 3 months and up 125.26% in the last 12 months.

SimilarWeb saw 5 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See SimilarWeb’s stock price’s past reactions to earnings here.

According to InvestingPro, SimilarWeb’s Financial Health score is “good performance”.

Check out SimilarWeb’s recent earnings performance, and SimilarWeb’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

This post appeared first on investing.com

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