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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