Similarweb reports Q4 EPS 3c, consensus 3c

Reports Q4 revenue $72.8M, consensus $76.4M. “The AI revolution fundamentally favors companies with proprietary, high-quality, and real-time data. Similarweb’s (SMWB) unmatched view of the evolving digital world is a prime foundation for training and maintaining LLMs and powering the next generation of agentic AI tools with accuracy and trust, as validated by our recent milestone partnership with Manus,” said Or Offer, Co-Founder and CEO of Similarweb. “While the scale of new larger, multi-year opportunities has resulted in longer sales cycles and revenue growth did not yet accelerate in the fourth quarter as we expected, the demand we see in the pipeline and the steps we have taken to upskill and specialize our sales force reinforce our confidence in our strategy to build an AI-driven data powerhouse that delivers profitable growth.”