Similarweb: Q4 Earnings Snapshot

TEL AVIV, Israel (AP) — TEL AVIV, Israel (AP) — Similarweb Ltd. (SMWB) on Tuesday reported a loss of $15 million in its fourth quarter.

The Tel Aviv, Israel-based company said it had a loss of 20 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 14 cents per share.

The digital intelligence company posted revenue of $51.3 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $50.4 million.

For the year, the company reported a loss of $83.7 million, or $1.10 per share. Revenue was reported as $193.2 million.

For the current quarter ending in March, Similarweb said it expects revenue in the range of $52.5 million to $53 million.

The company expects full-year revenue in the range of $221 million to $222 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMWB at https://www.zacks.com/ap/SMWB

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