Similarweb (SMWB) Reports Q4 Loss, Tops Revenue Estimates

Financial Performance - Similarweb reported a quarterly loss of $0.03 per share, matching the Zacks Consensus Estimate, compared to break-even earnings per share a year ago, resulting in an earnings surprise of -200% [1] - The company posted revenues of$ 65.59 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.17%, and showing an increase from year-ago revenues of $56.76 million [2] Stock Performance - Similarweb shares have increased approximately 20.5% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.04 on revenues of $67.18 million, and for the current fiscal year, it is$ 0.23 on revenues of $286.7 million [7] Industry Outlook - The Internet - Content industry, to which Similarweb belongs, is currently ranked in the top 12% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Similarweb's stock performance [5][6]