Similarweb(US:SMWB) Yahoo Finance·2025-11-12 17:05Core Viewpoint - Similarweb's stock is experiencing a decline following the release of its third-quarter results, which showed mixed performance with earnings exceeding forecasts but sales falling short [2][4]. Financial Performance - For Q3, Similarweb reported adjusted earnings per share of $0.05 on sales of $71.79 million, while Wall Street analysts had estimated earnings of $0.02 on sales of $71.95 million [4]. - Year-over-year, sales increased by 11%, and the customer base grew by 15% compared to the previous year [4]. Guidance and Forecast - The company reaffirmed its full-year sales guidance, expecting sales to be between $285 million and $288 million [5]. - Similarweb raised its full-year adjusted operating income target to a range of $8.5 million to $9.5 million, up from the previous guidance of $5 million to $7 million [5]. Market Reaction - Despite the positive adjustments in profit forecasts, the stock price fell by 8.7% during trading, with a peak decline of 16.9% earlier in the session [1][2]. - Investor concerns are growing regarding the company's pricing power, as customer growth is significantly outpacing sales growth [6].