GIVATAYIM, Israel (AP) — GIVATAYIM, Israel (AP) — Similarweb Ltd. (SMWB) on Wednesday reported a loss of $6.4 million in its first quarter.
The Givatayim, Israel-based company said it had a loss of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.
The digital intelligence company posted revenue of $73.9 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $72.7 million.
For the current quarter ending in June, Similarweb said it expects revenue in the range of $74.5 million to $76.5 million.
The company expects full-year revenue in the range of $307 million to $315 million.
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