Third-quarter profits lower, revenue higher, according to Investing.com

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© Rotem Cnaani, SimilarWeb PR ComparisonWeb reports: Q3 profit lower, revenue higher

Investment Network – similar network (NYSE: ) third-quarter results reported on Tuesday fell short of analysts’ expectations and revenue topped forecasts.

The company reported earnings of -$0.06 per share on revenue of $54.8 million. Investing.com analysts had forecast earnings of -$0.03 per share on revenue of $54.28 million. .

After the report was released, SimilarWeb shares rose 1.80%, trading at $5.10 after hours.

SimilarWeb’s revenue follows tech companies reporting earnings this month

On Thursday, Apple reported fourth-quarter earnings of $1.46 per share on revenue of $89.5B, compared with previous forecasts of $1.39 per share on revenue of $89.31B.

Microsoft’s financial report on October 24 exceeded analysts’ expectations, with first-quarter earnings per share of $2.99 ​​and revenue of $56.5B. Investing.com analysts had forecast earnings of $2.65 per share and revenue of $54.53B.

Visit Investing.com’s earnings calendar regularly for the latest company earnings reports.

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