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Similarweb Ltd. - $SMWB STOCK NEWS

Welcome to our dedicated page for Similarweb Ltd. news (Ticker: $SMWB), a resource for investors and traders seeking the latest updates and insights on Similarweb Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Similarweb Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Similarweb Ltd.'s position in the market.

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Similarweb, a leading digital data and analytics company, announced its first quarter 2024 results, showcasing sustained growth in revenue and customer base. The company reported a 12% revenue increase, reaching $59.0 million, and achieved non-GAAP operating profit for the third consecutive quarter. Recent highlights include a record $9.7 million in free cash flow and a 16% increase in the number of customers. The acquisition of Admetricks and the introduction of SAM, an AI-powered Sales Assistant Module, underscore Similarweb's commitment to enhancing its data offerings.

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Similarweb appointed Rami Myerson as Vice President, Investor Relations, coming from Elbit Systems, with vast experience in finance and investment analysis. The company aims to enhance investor engagement and unlock its full potential.

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Similarweb (NYSE: SMWB) announces the open beta release of SAM, an AI-powered sales assistant that integrates digital intelligence into sales workflows. SAM, part of Similarweb's digital innovation, utilizes AI to provide data-driven insights to salespeople, improving customer engagement and sales effectiveness. SAM is designed to enhance consultative selling by suggesting personalized sales messages based on Similarweb's Digital Data, aiming to increase deal closure rates. SAM is implemented as a browser extension, partnering with industry leaders like DHL Express, Bannerflow, and Visualsoft. The SAM beta is now open to all interested individuals.

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Similarweb, a global leader in digital intelligence, appoints Susan Dunn as Chief Revenue Officer to drive revenue growth and manage the Go-To-Market Organization. Dunn brings vast experience from NielsenIQ and other renowned companies, showcasing a strong track record of revenue growth and client service.

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Similarweb, a digital data and web analytics company, will announce its first quarter 2024 financial results on May 7, 2024, after market close. The company will host a conference call on May 8, 2024, to discuss the results.
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Similarweb (NYSE: SMWB) files its annual report on Form 20-F for the fiscal year 2023 with the SEC, providing access to shareholders for detailed financial information.
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Similarweb (SMWB) acquires Admetricks, a leader in ad intelligence software, to enhance its Advertising Intelligence capabilities. Admetricks' solutions will bolster Similarweb's offerings in display advertising, aiding customers in refining media budgets and expanding reach. The acquisition aligns with Similarweb's mission of providing comprehensive data and optimization tools for digital marketing. Admetricks' integration with Similarweb is seamless, enabling a global expansion of services.
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Similarweb Ltd. (NYSE: SMWB) reported positive free cash flow for the first time since IPO, with a Non-GAAP operating profit margin of 8% in Q4 2023. The company achieved 13% annual revenue growth and increased total revenue to $56.8 million, with a GAAP net loss per share of $(0.04). The number of customers grew to 4,712, with an ARR of $100,000 or more contributing 57% of total ARR. Similarweb provided Q1 2024 revenue guidance of $58.5-59.0 million and FY 2024 revenue guidance of $242.0-246.0 million.
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Similarweb's Apps 100 ranking showcases top mobile apps with over 1,000% growth in engagement between 2022 and 2023. The ranking highlights apps with the most growth in average monthly active users (MAU) in the US, emphasizing user engagement over downloads.
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Similarweb Ltd. (NYSE: SMWB) will release its Q4 and fiscal year 2023 financial results on February 13, 2023, followed by a conference call on February 14, 2023, to discuss the business and financial performance. The call will be available via webcast and telephone, with an archived webcast accessible later. Investors can access the live webcast from Similarweb's Investor Relations website.
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Similarweb Ltd.

NYSE:SMWB

SMWB Rankings

SMWB Stock Data

586.47M
29.75M
21.46%
56.54%
0.22%
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About SMWB

similarweb is a global leader in web measurement & online competitive intelligence. we love our data and transforming it into meaningful information is our passion. using the largest international online panel, similarweb develops website analytics tools which shows you traffic statistics for any website; allowing you to compare website traffic and traffic acquisition strategies for multiple sites simultaneously. our wealth of data uncovers the pulse of the internet, that’s why similarweb insights are often used in leading publications including bloomberg businessweek, techcrunch and adweek. our insights help businesses, publishers, marketers and analysts to benchmark performance against competitors. by allowing you to compare website traffic, similarweb helps you find new ways to increase your traffic and discover new opportunities to broaden your audience. our talented team of developers, designers, mathematicians, data scientists and researchers work relentlessly to measur