© Rotem Cnaani, SimilarWeb PR SimilarWeb Earnings, Revenue Beat in Q3
Investing.com – SimilarWeb (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.
SimilarWeb announced earnings per share of $-0.18 on revenue of $50M. Analysts polled by Investing.com anticipated EPS of $-0.28 on revenue of $49.19M.
SimilarWeb shares are down 60% from the beginning of the year, still down 68.34% from its 52 week high of $20.97 set on November 17, 2021.
SimilarWeb shares lost 1.96% in after-hours trade following the report.
SimilarWeb follows other major Information Technology sector earnings this month
SimilarWeb’s report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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