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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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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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

Similarweb Announces Third Quarter 2021 Results Above Guidance Range

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced its acquisition of Embee Mobile, a San Francisco-based mobile insights provider and market leader in mobile audience analytics, consumer panels, and mobile sampling. Embee data is relied on and incorporated in the offerings of many of the world's leading market research companies. Embee's behavioral data and digital measurement approach — backed by a large-scale metered panel of h

Similarweb Acquires Leading Mobile-Insights Provider Embee Mobile

KYIV, Ukraine & MUNICH--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced the opening of two new European offices in Munich, Germany, and Kyiv, Ukraine. With global headquarters in Tel Aviv, Israel, Similarweb's expansion in Europe underscores its growing European customer base. The move comes on the heels of the company's initial public offering in May on the New York Stock Exchange and the opening of its fourth United States office in Reston, VA

Similarweb Expands European Presence With New Offices in Munich, Germany, and Kyiv, Ukraine

NEW YORK--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, has been named the Best Alternative Data Provider in the Hedgeweek Americas 2021 Awards. This is a first-time nomination and win for Similarweb, which earned the award for its Investor Intelligence service, launched in late 2018. Compiled in conjunction with Bloomberg, the Hedgeweek Americas Awards recognize excellence among hedge fund managers and service providers in the Americas across a wide range of

Similarweb Wins "Best Alternative Data Provider" at Hedgeweek Americas Awards 2021

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) today announced it will release third quarter 2021 financial results for the period ended September 30, 2021, on Wednesday, November 10, 2021. 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 of the conferenc

Similarweb to Announce Third Quarter 2021 Financial Results on November 10, 2021

Similarweb is a company that anyone who works in VC should be acquainted with, often as a user.

Similarweb Is Useful, Earns Subscriptions, And Its Stock Is Relatively Cheap

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced the appointment of Tzipi Ozer-Armon to its board of directors, effective immediately. “We are thrilled to welcome Tzipi, a long-time force in the tech industry, to the Similarweb board of directors,” said Or Offer, CEO and founder of Similarweb. “Her demonstrated ability to lead and grow organizations, both as an executive and member of the board of directors of several companies,

Tzipi Ozer-Armon Joins Similarweb Board of Directors

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced that Google has selected Similarweb to power a new Google service, Market Finder, which helps small- and medium-sized businesses target and grow into new global markets. Market Finder analyzes a series of digital signals to deliver an automated score along with personalized and actionable recommendations to kick-start an international expansion plan through export opportunities. “

Google Selects Similarweb to Power New ‘Export Readiness' Service, Part of Google's Market Finder Platform

Similarweb Ltd. (SMWB) CEO Or Offer on Q2 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 second quarter ended June 30, 2021. “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, w

Similarweb Announces Second Quarter 2021 Results

RESTON, Va.--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced the opening of a new office in Reston, Virginia, the heart of Northern Virginia's (Dulles) technology corridor outside of Washington, D.C. With global headquarters in Tel Aviv, Israel, Similarweb's opening in Reston marks the first new office opening following the company's initial public offering in May, and its fourth office in the United States. The new Reston office will be home to

Similarweb Expands U.S. Footprint with New Office in Reston, Virginia

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today announced updates to the Keyword Generator tool within its Digital Marketing Intelligence Solution, ushering in a new era of holistic keyword research and breaking barriers to provide digital marketers with an integrated view of search behavior. Updates include the addition of on-site search data for both Amazon and YouTube beyond the existing Google capability, as well as a new hybrid keyw

Similarweb Bolsters its Keyword Generator with YouTube and Amazon On-Site Keyword Intelligence, Adding More Than 800 Million New Keywords

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 Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 11, 2021. Similarweb is scheduled to present at 11:35 a.m. Eastern 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

Similarweb to Present at Oppenheimer's 24th Annual Technology, Internet & Communications Conference

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb (NYSE: SMWB), a leading digital intelligence company, today released a report highlighting the digital trends shaping this year's Olympic Games in Tokyo. The findings are based on insights generated daily from the Similarweb Olympics Digital Tracker, a one-stop-shop for data coverage of this year's Summer Olympic Games including traffic leaders, industry rankings, audience search interest and more. Traffic to the official site for the Olympics, olym

Similarweb Digital Intelligence Report: Slow Start to Olympics Opening Weekend Engagement

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) today announced it will release second quarter 2021 financial results for the period ended June 30, 2021, on Wednesday, August 11, 2021. On that day, management will hold a conference call and webcast at 8:30 a.m. EDT 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 of the conference call

Similarweb to Announce Second Quarter 2021 Financial Results on August 11, 2021

TEL AVIV, Israel, July 7, 2021 /PRNewswire/ --  Similarweb (NYSE: SMWB), a leading digital intelligence company, announces the availability of Similarweb digital insights in AWS Data Exchange, a service that makes it easy for millions of Amazon Web Services, Inc. (AWS) customers to find, subscribe to, and use third-party data in the cloud. With AWS Data Exchange, customers can access and use Similarweb's industry leading digital intelligence, including Top websites, Trending keywords, and Retail transactions.

Similarweb digital intelligence now available in AWS Data Exchange

The data insights platform went public just 4 weeks ago, but is already down 15% from its offering price. Other SaaS IPOs have been surging last month, while SMWB is trailing behind due to thin trading volume.

Similarweb: Under-The-Radar IPO

TEL AVIV, Israel, June 30, 2021 /PRNewswire/ --  Similarweb (NYSE: SMWB), a leading digital intelligence company, today released a report showcasing the impact, across industries, of COVID-19 recovery in both the U.S. and U.K.. "Our proprietary digital intelligence platform shows clear indicator signals of the recovery," said Greg Malen, VP of Solutions at Similarweb.

Similarweb Digital Intelligence Report: From travel bookings to job board listings, signs of recovery evident across the board

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB), a leading digital market intelligence company, today announced the appointment of Sanju Bansal to its board of directors, effective immediately. “We are thrilled to welcome Sanju to our board of directors,” said Or Offer, CEO and founder of Similarweb. “Sanju brings decades of experience as both a serial entrepreneur and member of the board of directors of several successful publicly traded companies. After a thorough search, I co

Sanju Bansal Joins Similarweb Board of Directors

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Similarweb: Not Necessarily An Intelligent Investment

TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (“Similarweb”) today announced the closing of its initial public offering. An aggregate of 8,000,000 ordinary shares were sold in the offering. Similarweb offered 7,500,000 ordinary shares and the selling shareholder named in the prospectus offered 500,000 shares. Similarweb did not receive any proceeds from the sale of shares by the selling shareholder. Similarweb's shares began trading on the New York Stock Exchange on Wednesday, May 12, 2021

Similarweb Announces Closing of Initial Public Offering

Similarweb is a web-analytics company and CEO Or Offer joins us to discuss today's IPO on the NYSE. Strong digital signals, strong revenue growth, international expansion.

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