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.

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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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Similarweb's business continues to improve with strong free cash flow and profitability. Similarweb guided to much higher profits and slightly increased revenue, showing good prospects despite general market concerns about IT spending. The company's potential to become non-cyclical in a recession could provide additional upside surprises, along with delivering digital data for big tech large language models.

Similarweb: The Market Under Appreciates On-Going Performance Improvements

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Similarweb Ltd. (NYSE:SMWB ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Rami Myerson - VP, IR Or Offer - CEO and Co-Founder Jason Schwartz - CFO Conference Call Participants Arjun Bhatia - William Blair Steven Hromin - Oppenheimer Surinder Thind - Jefferies Ryan MacWilliams - Barclays Brett Knoblauch - Cantor Fitzgerald Nick Lee - Citizens JMP Operator Good day, ladies and gentlemen, and welcome to your Similarweb Q2 '24 Earnings Call.

Similarweb Ltd. (SMWB) Q2 2024 Earnings Call Transcript

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its second quarter ended June 30, 2024. The Company published a letter to shareholders from management discussing these results, which can be accessed at the link: https://ir.similarweb.com/financials/quarterly-results, located on the Company's investor relations website. “We deli.

Similarweb Announces Second Quarter 2024 Results

PALO ALTO, Calif.--(BUSINESS WIRE)--You.com, the AI-powered productivity engine, today announced a new strategic collaboration with Similarweb (NYSE: SMWB), the leading Digital Data provider and Digital Intelligence platform for businesses worldwide. Under this collaboration, Similarweb employees will use You.com's AI Assistants to boost productivity in sales and marketing, and You.com will use Similarweb to augment market analysis and research – both for internal use and as part of the YouPro.

You.com Announces Strategic Collaboration with Similarweb to Drive Productivity

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Similarweb (SMWB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Similarweb (SMWB): Can Its 8.0% Jump Turn into More Strength?

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital data and web analytics company, today announced it will release second quarter 2024 financial results for the period ended June 30, 2024, on Tuesday, August 6, 2024, after the close of trading on the New York Stock Exchange. Management will host a conference call on Wednesday, August 7, 2024, at 8:30 a.m. EST to discuss the Company's business and financial results. A live webcast of the call can be accessed from.

Similarweb to Announce Second Quarter 2024 Financial Results on August 6, 2024, After Market Close

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Similarweb is a leading player in market intelligence, benefiting from digitalization trend. Unique data collection methods and historical datasets give SMWB a competitive edge. Recent quarters show positive growth trajectory, with key metrics improving.

Similarweb: Leading Player In The Market Intelligence Space

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital intelligence company, announced today its acquisition of 42matters, a prominent app intelligence provider headquartered in Zurich, Switzerland. The acquisition marks a significant step in expanding Similarweb's data capabilities in the rapidly growing app analytics market, which is expected to reach $15.7 billion by 2028, with a CAGR of 20.2% (source). Integrating 42matters' advanced solutions across app store da.

Similarweb Announces Acquisition of 42matters, Strengthening Leadership in App Intelligence

Start Time: 08:30 January 1, 0000 9:02 AM ET Similarweb Ltd. (NYSE:SMWB ) Q1 2024 Earnings Conference Call May 08, 2024, 08:30 AM ET Company Participants Or Offer - Co-Founder and CEO Jason Schwartz - CFO Rami Myerson - VP, IR Conference Call Participants Arjun Bhatia - William Blair Pete Newton - Barclays Tommy Shinke - Cantor Fitzgerald Tyler Radke - Citi Aaron Kimson - Citizens Operator Good day, ladies and gentlemen, and welcome to Similarweb Quarter 1 Fiscal 2024 Earnings Call.

Similarweb Ltd. (SMWB) Q1 2024 Earnings Call Transcript

Privacy-by-design solution to propel AdTech innovation NEW YORK , May 10, 2024 /PRNewswire/ -- Dstillery, the leader in AI ad targeting, today announced its new collaboration with Similarweb (NYSE: SMWB), the leading Digital Data provider and Digital Intelligence platform for businesses worldwide. Similarweb's trusted view of website usage across the internet is now used to help train the AI technology behind Dstillery's patented ID-free® solution, the industry's only behavioral targeting solution without IDs.

Dstillery Announces Collaboration with Similarweb to Enhance Privacy-Safe AI Model Training

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its first quarter ended March 31, 2024. The Company published a letter to shareholders from management discussing these results, which can be accessed at the link: https://ir.similarweb.com/financials/quarterly-results, located on the Company's investor relations website. “Demand.

Similarweb Announces First Quarter 2024 Results

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital data and web analytics company, announced the appointment of Rami Myerson as Vice President, Investor Relations, effective immediately. Myerson joins Similarweb from Elbit Systems, a $9 billion defense technology company, where since 2019 he had served as Head of Investor Relations. Before that, he spent 12 years as a sell-side equity research analyst in London and Tel-Aviv, covering Aerospace and Defense and Isr.

Similarweb Appoints Rami Myerson to Lead Investor Relations

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Similarweb (NYSE: SMWB) is announcing an open beta release of SAM, an AI-powered sales assistant that brings digital intelligence insights into the salesperson's daily workflow. SAM, the Similarweb Sales AI Module, is one of many ways Similarweb is combining the power of Digital Data with large language model (LLM) generative AI. The SimilarAsk™ digital assistant was introduced in 2023 to speed customer discovery of Similarweb data and insights. SAM.

Similarweb Continues AI Innovation with SAM Digital Intelligence Sales Assistant

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a global leader in digital intelligence, has named Susan Dunn as Chief Revenue Officer (CRO). Dunn will be responsible for driving revenue growth and overseeing the company's global Go-To-Market Organization. Dunn spent 32 years at NielsenIQ, including the past three years as CRO. Before being named CRO, she served as CEO of Byzzer, NIQ's emerging brands platform. With vast experience selling data and insights into industries like cons.

Similarweb Appoints Susan Dunn as Chief Revenue Officer to Accelerate Revenue Growth

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital data and web analytics company, today announced it will release first quarter 2024 financial results for the period ended March 31, 2024, on Tuesday, May 7, 2024, after the close of trading on the New York Stock Exchange. Management will host a conference call and webcast on Wednesday, May 8, 2024, at 8:30 a.m. EST to discuss the Company's business and financial results. A live webcast of the call can be accessed.

Similarweb to Announce First Quarter 2024 Financial Results on May 7, 2024, After Market Close

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (SEC) on February 28, 2024. The 2023 annual report can be accessed by visiting either the SEC's website at www.sec.gov or the company's investor relations website at https://ir.similarweb.com. In addition, shareholders may receive a hard copy of the.

Similarweb Files 2023 Annual Report on Form 20-F

Similarweb Ltd. achieved profitability and positive free cash flow in Q4 2023, driving an upgrade in stock rating. The company is focused on obtaining profitable growth and aims to achieve sustainable growth with the rule of 40. Similarweb's revenue growth and profitability momentum are sustainable, with strong customer engagement and growth.

Similarweb Answers The Questions With Profitability And Positive Free Cash Flow

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Similarweb (NYSE: SMWB) announced today the acquisition of Admetricks, the creator of powerful ad intelligence software, that is slated to form the core of the new Similarweb Ad Intelligence product. Founded in 2012 in Santiago, Chile and best known for empowering brands to advertise more effectively in Latin America, Admetricks will advance Similarweb's mission of providing the most comprehensive data, analytics, and optimization tools for digital.

Similarweb Acquires Admetricks to Expand Ad Intelligence Offering

Similarweb Ltd. (SMWB) Q4 2023 Earnings Call Transcript

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its fourth quarter ended December 31, 2023. The Company published a letter to shareholders from management discussing these results, which can be accessed at the link: https://ir.similarweb.com/financials/quarterly-results, located on the Company's investor relations website. “We.

Similarweb Announces Fourth Quarter and Fiscal Year 2023 Results

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Similarweb released its new Apps 100 official ranking today, showcasing 100 of the fastest-growing mobile apps in the US. The most successful digital businesses build engagement with consumers across all channels, but pay ever-increasing attention to the intimate and constant connections mobile apps make possible. Convincing the right consumers to download your app is a victory, but getting them to use it regularly is the ultimate goal. Similarweb's.

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