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

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Earnings data Q3 2022

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Earnings data Q1 2023

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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.

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NEW YORK--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced that it will be hosting its annual customer event, Digital Edge 2022, virtually this year. For those interested in attending, please visit the Similarweb Digital Edge registration page and register for free today. Digital Edge is an industry-leading event for digital decision-makers. It's free, it's virtual, and it's brought to you by Similarweb; the only platform that instantly delivers

Similarweb Digital Edge 2022 to Focus on ‘Winning the Growth Game' Virtual Event to Take Place on June 14th with Live Interactive Sessions

Similarweb continues to deliver growth and create long-term engagements for high revenue visibility. Gross margin hit until new acquisitions create some leverage, but these have served to create cross-selling opportunities and increase retention.

Similarweb Is Cheaper Than It's Ever Been

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced its acquisition of Rank Ranger, a market leader in SEO and rank tracking, trusted by hundreds of companies worldwide. The acquisition expands Similarweb's capabilities as a comprehensive SEO suite for enterprises by combining its keyword research and analysis capabilities with Rank Ranger's search term rank tracking. For the first time, this powerful combination will give search p

Similarweb Acquires Rank Ranger™, a Leading Provider of SEO and Search Rank Tracking Solutions

Similarweb Ltd. (NYSE:SMWB ) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Or Offer – Chief Executive Officer Jason Schwartz – Chief Financial Officer Raymond Jones – Vice President Investor Relations Conference Call Participants Arjun Bhatia – William Blair Ryan MacWilliams – Barclays Jason Helfstein – Oppenheimer & Co. Inc. Brent Thill – Jefferies Tyler Radke – Citi Patrick Walravens – JMP Securities Operator Greetings, and welcome to Similarweb Q1 Fiscal 2022 Earnings Conference Call.

Similarweb Ltd. (SMWB) CEO Or Offer on Q1 2022 Results - Earnings Call Transcript

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital intelligence company, today announced financial results for its first quarter ended March 31, 2022. 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 are strong out of the gate in 2022 with another

Similarweb Announces Record First Quarter 2022 Results

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital intelligence company, today announced it will release first quarter 2022 financial results for the period ended March 31, 2022, on Tuesday, May 10, 2022, after the close of trading on the New York Stock Exchange. Management will host a conference call and webcast on Wednesday, May 11, 2022, 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 Si

Similarweb to Announce First Quarter 2022 Financial Results on May 10, 2022, After Market Close

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission (SEC). The 2021 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 company's compl

Similarweb Files 2021 Annual Report on Form 20-F

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb has been recognized as Best Cross Border Software 2021 by Yuguo, a leading Chinese media platform.

Similarweb Wins "Best Cross Border Software 2021" at Yuguo Awards in China

TEL AVIV, Israel--(BUSINESS WIRE)-- #Similarweb--Similarweb (NYSE: SMWB) today announced the appointment of Raymond ‘RJ' Jones to VP of Investor Relations. RJ previously served as VP of IR at Zillow.

Similarweb Names Raymond ‘RJ' Jones As Vice President of Investor Relations

Semrush Holdings

Similarweb Shouldn't Be Cheaper Than SEMrush

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital intelligence company, today announced that members of its management team will present at the JMP Securities Technology Conference on March 7, 2022. Similarweb is scheduled to present at 3:30 PM Pacific Time. A live webcast and replay of the presentation can be accessed from Similarweb's Investor Relations website at https://ir.similarweb.com. About Similarweb: As the most trusted platform for understanding onlin

Similarweb to Present at the JMP Securities Technology Conference

Similarweb Ltd. (SMWB) CEO Or Offer on Q4 2021 Results - Earnings Call Transcript

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading platform for digital intelligence, today announced financial results for its fourth quarter ended December 31, 2021. “Q4 closed an outstanding and record-breaking year for us,” said Or Offer, Founder and CEO of Similarweb. “Similarweb provides companies with critical insights and actionable intelligence that helps them win online and accelerate their growth. In 2021, we continued our stron

Similarweb Announces Fourth Quarter 2021 Results Above Prior Guidance and Strong Progress on All Key Metrics

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, announced a data licensing alliance with App Annie, a leading mobile data company.

Similarweb to Add Mobile Market Data from App Annie, Bringing Together Digital Insights from Web and Mobile App Leaders for the First Time in a Single Platform

NEW YORK--(BUSINESS WIRE)--Similarweb announced the winners of its annual Digital 100 Fastest Growing Online Brands, acknowledging those businesses who excelled in 2021.

Similarweb Recognizes the Top 100 Performing Digital Brands In Its Annual Digital 100 Rankings

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) today announced it will release fourth quarter and fiscal year 2021 financial results for the period ended December 31, 2021, on Wednesday, February 16, 2022. On that day, management will hold a conference call and webcast 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's Investor Relations website at https://ir.similarweb.com. An archived webcast

Similarweb to Announce Fourth Quarter 2021 Financial Results on February 16, 2022

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced the appointment of veteran social media executive Joe Del Preto to its board of directors, effective immediately. "Joe is joining the Similarweb board at a time of strong momentum in our business,” said Or Offer, CEO, Similarweb. “His breadth and depth of experience in SaaS-based marketing solutions, combined with his demonstrated ability to lead and scale fast-paced organizations

Joe Del Preto Joins Similarweb Board of Directors

PALO ALTO, Calif. & TEL AVIV--(BUSINESS WIRE)-- #CIEM--Avi joins Ermetic from SimilarWeb, where he was EVP of Finance and Information Systems for eight years and managed the company's billion dollar IPO.

Ermetic Names Avi Israel as CFO

JPMorgan analyst Sterling Auty noted that Amazon.com Inc  (NASDAQ:AMZN) has decided to shut down the popular web traffic and ranking service "Alexa Rank."  Alexa Rank had millions of monthly visitors and decent subscription revenue.

JPMorgan States How Amazon's Loss Could Be Similarweb's Gain

TEL AVIV, Israel--(BUSINESS WIRE)--In an effort to help Alexa customers ease their transition, Similarweb is offering a free API version of our industry-leading website rankings.

Alexa.com Customers Affected by Amazon Sunset Decision to Benefit from New Similarweb Free Offering

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb enhanced its Sales Intelligence solution with the launch of Contacts, a world-wide database of professional-contacts' information.

Similarweb Dials Up Sales Intelligence Solution with Integration of Comprehensive Professional-Contacts Database

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), the digital intelligence company, today announced the expansion of its retail coverage through Similarweb Shopper Intelligence to include sales and market-share insights for Walmart, Target, Best Buy and Chewy, in addition to Amazon, which became available in July. Available in the U.S. through Beta launch, Similarweb Shopper Intelligence now provides detailed insights into approximately 78% of all sales volume from the top ten online

Similarweb Adds Walmart, Target, Best Buy and Chewy Consumer Insights to its Shopper Intelligence Solution

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital intelligence company, today announced that members of its leadership team are scheduled to present at upcoming investor conferences. Details for each event are as follows: 5th Annual Virtual Wells Fargo TMT Summit 1x1 Meetings Only - Wednesday, December 1, 2021 Barclays Global Technology, Media and Telecommunications Conference Fireside Chat - Tuesday, December 7, 2021, at 4:45pm ET The fireside chat will be webc

Similarweb to Present at Upcoming Investor Conferences

Similarweb Ltd. (SMWB) CEO Or Offer on Q3 2021 Results - Earnings Call Transcript

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading platform for digital intelligence, today announced financial results for its third quarter ended September 30, 2021. “Q3 was Similarweb's best quarter yet. We continued to execute well, and I'm especially pleased that we exceeded $150M in ARR, just one year after we reached the $100M ARR milestone, while driving record NRR across the business. Similarweb delivers powerful data and insights

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