GIVATAYIM, Israel (AP) — GIVATAYIM, Israel (AP) — Similarweb Ltd. (SMWB) on Tuesday reported a loss of $11.8 million in its first quarter.
On a per-share basis, the Givatayim, Israel-based company said it had a loss of 15 cents. Losses, adjusted for stock option expense, were 10 cents per share.
The digital intelligence company posted revenue of $52.8 million in the period, which met Street forecasts.
For the current quarter ending in June, Similarweb said it expects revenue in the range of $53.3 million to $53.8 million.
The company expects full-year revenue in the range of $221 million to $222 million.
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