Similarweb Ltd. (SMWB) Q2 Revenues Beats; Guides Above Views

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Go back to Similarweb Ltd. (SMWB) Q2 Revenues Beats; Guides Above Views

Similarweb Announces Second Quarter 2021 Results

August 11, 2021 7:00 AM EDT

Second quarter 2021 revenue grew 49% year-over-year to $32.5 million.

Gross margin improved by 253 basis points year-over-year to 78.5%.

220 customers with ARR of $100K or more, an increase of 52% year-over-year.

Company introduces strong guidance for Q3 and full-year 2021.

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 second quarter ended June 30, 2021.

Similarweb delivered strong financial results in our first quarter as... More