Similarweb reports Q1 adjusted EPS (2c), consensus (1c)

Reports Q1 revenue $67.1M, consensus $66.33M. “Revenue growth and cash generation were strong in the first quarter and reflect the value of our comprehensive and proprietary Digital Data that is trusted by thousands of customers,” stated Or Offer, Co-Founder and CEO of Similarweb (SMWB). “During the first quarter we launched a series of new products including App Intelligence, AI Chatbot data and three new AI Agents to help our customers win their markets by providing a comprehensive view of the digital world.” Offer concluded, “We believe we are just beginning to tap into the vast potential of our data and the addressable markets we serve.”