Similarweb (NYSE:SMWB) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Similarweb beat estimated earnings by 43.75%, reporting an EPS of $-0.09 versus an estimate of $-0.16.
Revenue was up $8.47 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.44% increase in the share price the next day.
Here’s a look at Similarweb’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.20 | -0.27 | -0.26 | -0.29 |
| EPS Actual | -0.14 | -0.18 | -0.26 | -0.26 |
| Revenue Estimate | 50.67M | 49.14M | 45.95M | 41.21M |
| Revenue Actual | 51.35M | 50.02M | 47.59M | 44.28M |
To track all earnings releases for Similarweb visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
