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Similarweb reports Q2 EPS 1c, consensus (1c)

Reports Q2 revenue $71.0M, consensus $68.8M. “We are proud of the strong second quarter financial results that were better than expected and reflect the demand for our Digital Data and our continued focus on disciplined execution,” stated Or Offer, Co-Founder and CEO of Similarweb (SMWB). “Gen AI and LLM training related revenues accounted for nearly 8% of Q2 revenues and are one of our fastest growing revenue streams.” Offer concluded, “RPO growth of 26% and our sales pipeline provide us with confidence in the vast potential of our data and the addressable markets we serve.”

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