GIVATAYIM, Israel (AP) — GIVATAYIM, Israel (AP) — Similarweb Ltd. (SMWB) on Tuesday reported a loss of $3.4 million in its fourth quarter.
On a per-share basis, the Givatayim, Israel-based company said it had a loss of 4 cents. Earnings, adjusted for stock option expense, came to less than 1 cent on a per-share basis.
The digital intelligence company posted revenue of $56.8 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $55.9 million.
For the year, the company reported a loss of $29.4 million, or 38 cents per share. Revenue was reported as $218 million.
For the current quarter ending in March, Similarweb said it expects revenue in the range of $58.5 million to $59 million.
The company expects full-year revenue in the range of $242 million to $246 million.
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