Similarweb Ltd. (NYSE: SMWB) reported Q2 GAAP EPS of ($0.33), which may not compare to the analyst estimate of ($0.24). Revenue for the quarter came in at $32.5 million versus the consensus estimate of $30.22 million.

“Similarweb delivered strong financial results in our first quarter as a public company. Companies around the world are investing in digital transformation, and Similarweb enables them to maximize their efforts as the measure of the digital world. Our growth accelerated in Q2, we added customers across all verticals and markets, expanded our existing customer relationships and continued to invest across the board in order to increase our scale, customer base and market penetration. We have a massive opportunity ahead of us and we will continue to invest in capturing it,” said Or Offer, Founder and CEO of Similarweb.

GUIDANCE:

Similarweb Ltd. sees Q3 2021 revenue of $32.8-33.2 million, versus the consensus of $31.8 million.

Similarweb Ltd. sees FY2021 revenue of $129-130 million, versus the consensus of $125.45 million.

For earnings history and earnings-related data on Similarweb Ltd. (SMWB) click here.