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SEMrush Holdings, Inc. (SEMR) Q4 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-03-04 23:41
SEMrush Holdings, Inc. (SEMR) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 166.67%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.06, delivering a surprise of 200%.Over the last four quarters, the compan ...
Semrush Announces Fourth Quarter and Full Year 2023 Financial Results
Businesswire· 2024-03-04 21:30
BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today reported financial results for the fourth quarter and full year ended December 31, 2023. “ In 2023, we accelerated revenue growth throughout the year, delivering ARR growth of 23%, and strong profitability. In Q4, we reported revenue growth of 21% year-over-year, increased paying customers to nearly 108,000, and our number of free, active customers surpassed one million for the first ti ...
SEMrush (SEMR) - 2023 Q4 - Annual Results
2024-03-03 16:00
Exhibit 99.1 Semrush Announces Fourth Quarter and Full Year 2023 Financial Results March 4, 2024 — BOSTON — (BUSINESS WIRE) — Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today reported financial results for the fourth quarter and full year ended December 31, 2023. "In 2023, we accelerated revenue growth throughout the year, delivering ARR growth of 23%, and strong profitability. In Q4, we reported revenue growth of 21% year-over-year, increased paying customers ...
Should You Buy Semrush (SEMR) Ahead of Earnings?
Zacks Investment Research· 2024-02-29 15:01
Investors are always looking for stocks that are poised to beat at earnings season and Semrush Holdings, Inc. (SEMR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Semrush is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty goo ...
SEMrush Holdings, Inc. (SEMR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-02-26 16:01
The market expects SEMrush Holdings, Inc. (SEMR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected t ...
Semrush Holdings, Inc. to Participate in Upcoming Investor Conferences
Businesswire· 2024-02-21 21:47
BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, will present and host one-on-one investor meetings at the following investor conferences: KeyBanc Emerging Technology Summit Date: Wednesday, March 6, 2024 Fireside Chat Time: 2:30 p.m. PT Location: San Francisco, CA Morgan Stanley Technology, Media & Telecom Conference Date: Thursday, March 7, 2024 Fireside Chat Time: 9:30 a.m. PT Location: San Francisco, CA Conference fireside chats will ...
Earnings Estimates Rising for SEMrush Holdings, Inc. (SEMR): Will It Gain?
Zacks Investment Research· 2024-02-19 18:21
Investors might want to bet on SEMrush Holdings, Inc. (SEMR) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings est ...
SEMrush Holdings, Inc. (SEMR) Moves 11.1% Higher: Will This Strength Last?
Zacks Investment Research· 2024-02-08 17:06
SEMrush Holdings, Inc. (SEMR) shares soared 11.1% in the last trading session to close at $12.45. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.8% loss over the past four weeks.SEMRush is benefiting from an expanding clientele. It had approximately 106,800 paying customers as of Sep 30, 2023, up nearly 14% year over year.This company is expected to post quarterly earnings of $0.03 per share in its upcoming report, which repre ...
SEMrush (SEMR) - 2023 Q3 - Earnings Call Transcript
2023-11-04 19:56
Semrush Holdings, Inc. (NYSE:SEMR) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Brinlea Johnson - Investor Relations Oleg Shchegolev - Chief Executive Officer Eugene Levin - President Brian Mulroy - Chief Financial Officer Conference Call Participants Adam Hotchkiss - Goldman Sachs Chris Cantera - Morgan Stanley Rob Morelli - Needham & Company Michael Vidovic - KeyBanc Capital Markets Wayne Trinh - Piper Sandler Operator Thank you for standing by and welcome to the Semru ...
SEMrush (SEMR) - 2023 Q3 - Quarterly Report
2023-10-31 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40276 Semrush Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or O ...