Welcome to our dedicated page for Similarweb news (Ticker: SMWB), a resource for investors and traders seeking the latest updates and insights on Similarweb stock.
Similarweb Ltd (NYSE: SMWB) is a leading digital intelligence platform providing actionable insights into web traffic patterns and competitive strategies. This dedicated news hub offers investors and professionals centralized access to official company updates, financial disclosures, and market developments.
Track SMWB's latest press releases including earnings reports, product innovations, strategic partnerships, and leadership announcements. Our curated collection ensures timely access to information critical for understanding the company's position in the web analytics sector and broader SaaS industry.
Key updates cover financial performance metrics, technology advancements in data science, global expansion initiatives, and client success stories. All content is sourced directly from verified corporate communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined monitoring of SMWB's corporate trajectory. Combine these official updates with market analysis tools to make informed decisions about this innovative provider of digital competitive intelligence solutions.
Similarweb (NYSE: SMWB), a leading digital intelligence company, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC) on February 27, 2025.
The 2024 annual report is accessible through the SEC's website and the company's investor relations website. Shareholders can also request a free hard copy of the complete audited financial statements from the company's Investor Relations department.
Similarweb (NYSE: SMWB) reported strong financial results for Q4 and fiscal year 2024, with revenue growth accelerating to 15% from 13% in 2023. The company achieved its first full year of positive non-GAAP operating profit and free cash flow. Total revenue for 2024 reached $249.9 million, with Q4 revenue at $65.6 million.
Key highlights include growing customer base to 5,534 (up 17% YoY), with 405 customers having ARR of $100,000+ (up 11% YoY). The company's dollar-based net retention rate for large customers improved to 112% in Q4 2024. For FY 2025, Similarweb projects revenue between $285-288 million, representing approximately 15% growth.
The company plans to increase investments in sales and R&D for 2025 to capitalize on AI opportunities, as customers begin training LLMs with their data.
Similarweb (NYSE: SMWB) has released its Digital 100 ranking for 2025, highlighting significant digital growth across eight countries: US, UK, France, Germany, Japan, Australia, India, and Brazil. The report showcases the fastest-growing websites and apps, with special attention to cross-platform Digital Winners.
Notable highlights include ChatGPT achieving top positions in multiple countries: #1 in France's Big Winners, #3 in Australia, #4 in UK, and #9 in US. Substack emerged as a cross-platform Digital Winner in both US and UK markets. In the US, Just Answer topped the website category with 81% growth, while NYT Games led apps with 135% growth.
The rankings cover various categories including Apparel & Accessories, Beauty & Wellness, Consumer Electronics, Food & Drinks, Gaming, Home & Garden, News & Media, Personal Finance, and Travel & Tourism. AliExpress demonstrated strong performance, earning cross-platform Digital Winner status in the UK, Germany, and Australia.
Similarweb has released its Digital 100 ranking for 2025, highlighting companies with exceptional digital growth across websites and mobile apps. Substack emerged as a standout performer, growing its audience by 37% on web and 139% on mobile app, while Monarch Money showed remarkable growth with 543% web and 724% app increases.
The ranking covers multiple categories including Big Winners, Apparel & Accessories, Beauty & Wellness, Consumer Electronics, Food & Drinks, Gaming, Home & Garden, News & Media, Personal Finance, and Travel & Tourism. Notable winners include Just Answer as #1 Website in Big Winners category (81% growth), NYT Games as #1 App (135% growth), and Tapo.com achieving both #1 Website (211% growth) and #1 App (250% growth) in Home & Garden.
The rankings were released for multiple countries including US, UK, France, Germany, Japan, Australia, India, and Brazil, with US and UK editions providing equal coverage for fastest-growing mobile apps and websites in each category.
Similarweb (NYSE: SMWB), a prominent digital data and web analytics firm, announced the release of its fourth quarter 2024 financial results for the period ending December 31, 2024. The results will be disclosed on Tuesday, February 11, 2025, after the New York Stock Exchange closes.
Management will hold a conference call on Wednesday, February 12, 2025, at 8:30 a.m. EST to discuss the company's business and financial outcomes. Interested parties can access a live webcast of the call via Similarweb's Investor Relations website at https://ir.similarweb.com.
An archived webcast will be available on the website after the call. The live call can also be accessed by phone at (877) 407-0726 toll-free or (201) 689-7806 for international callers.
Similarweb (NYSE: SMWB) announced its third quarter 2024 financial results, showing 18% YoY revenue growth to $64.7 million, marking the fourth consecutive quarter of accelerating revenue growth. The company achieved a 21% YoY increase in its customer base to over 5,300 annual customers. GAAP operating loss improved to $(2.5) million, and GAAP net loss per share was $(0.03). Non-GAAP operating profit rose to $4.4 million, or $0.05 per share.
Free cash flow was positive for the fourth consecutive quarter at $8.7 million. The company reported a 27% YoY increase in remaining performance obligations to $212.5 million.
For Q4 2024, Similarweb projects revenue between $64.7 million and $65.7 million and a non-GAAP operating profit between $1.5 million and $2.5 million. For FY 2024, the revenue outlook is set between $249.0 million and $250.0 million, with a non-GAAP operating profit between $14.0 million and $15.0 million.
Similarweb (NYSE: SMWB), a leading digital data and web analytics company, has scheduled its third quarter 2024 financial results announcement for November 12, 2024, after NYSE market close. The company will host a conference call on November 13, 2024, at 8:30 a.m. EST to discuss business and financial results. Investors can access the live webcast through Similarweb's Investor Relations website, with an archived version available afterward. The call will also be accessible via telephone at (877) 407-0726 (toll-free) and (201) 689-7806 (international).
Similarweb has been recognized as a leader in the Modern Marketing Data Stack 2025 report by Snowflake, the AI Data Cloud company. The report highlights technologies used by Snowflake customers to leverage the AI Data Cloud for marketing and advertising purposes. Similarweb was recognized in the Enrichment & Hygiene category for its ability to enrich data sets with digital market data.
The report analyzes usage patterns from approximately 9,800 Snowflake customers as of April 2024, identifying 10 technology categories important for building marketing data stacks. It emphasizes three core factors: AI, data gravity, and privacy, which are reshaping the marketing landscape.
Similarweb's recognition as a leader in the Enrichment category underscores its importance in adding digital market intelligence to analyses. The company's participation in Snowflake's ecosystem aligns with its Data-as-a-Service strategy, enabling joint customers to integrate Similarweb data with other sources on Snowflake's AI Data Cloud.
Similarweb (NYSE:SMWB) has been named the Alternative Data Provider of the Year at the Hedgeweek US Awards 2024 in New York. This recognition highlights the value of Similarweb's data and platform for investors using non-financial measures to anticipate market trends and evaluate private and pre-IPO companies. Similarweb previously won this award from Hedgeweek US in 2021 and Hedgeweek Europe in 2022.
Alyssa Lewis, Global Head of the Investors Vertical at Similarweb, emphasized the importance of their digital alternative data for the investor community. Similarweb Stock Intelligence serves leading investors with an interactive platform, API, and feed delivery. The Hedgeweek award winners were chosen through a voting process involving over 29,354 votes, with 42% from managers, 23% from allocators, and 35% from service providers.
Similarweb (NYSE: SMWB), a digital market intelligence company, announced that underwriters fully exercised their option to purchase an additional 525,000 ordinary shares at $7.85 per share in connection with a previously announced public offering. This resulted in gross proceeds of approximately $4,121,250 to the selling shareholder. Similarweb did not receive any proceeds from the sale.
The offering was made pursuant to a registration statement filed with the SEC. Goldman Sachs & Co. and Barclays acted as book-running managers, while Citizens JMP, William Blair, and Needham & Company served as co-managers for the offering.
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