Similarweb Q2 2024 Adj. EPS $0.07 Beats $0.03 Estimate, Sales $60.637M Beat $60.331M Estimate
Portfolio Pulse from Benzinga Newsdesk
Similarweb (NYSE:SMWB) reported Q2 2024 adjusted EPS of $0.07, beating the $0.03 estimate by 133.33%. Sales were $60.637M, surpassing the $60.331M estimate and marking a 12.96% increase from the previous year.
August 06, 2024 | 9:34 pm
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Similarweb (NYSE:SMWB) reported Q2 2024 adjusted EPS of $0.07, beating the $0.03 estimate by 133.33%. Sales were $60.637M, surpassing the $60.331M estimate and marking a 12.96% increase from the previous year.
The significant beat on both EPS and sales estimates, along with a substantial year-over-year improvement, is likely to positively impact Similarweb's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100