Similarweb Reports Strong Q1 Results and AI-Driven Growth
Similarweb reported first-quarter revenue of $73.9 million, up 10% year-over-year at the top end of guidance. The company swung to a non-GAAP operating profit of $2.4 million from a loss in the prior year and generated positive normalized free cash flow for the tenth consecutive quarter. AI-related growth is accelerating with new products and partnerships.