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SEMrush Holdings Inc (SEMR) provides essential digital marketing solutions through its SaaS platform, specializing in SEO analytics and competitive intelligence. This news hub offers investors and professionals timely updates about corporate developments and market positioning.
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Semrush Holdings, Inc. (NYSE: SEMR) announced the release of its financial results for the first quarter of 2023, ending on March 31, 2023. The report will be accessible after the close of U.S. markets on May 8, 2023. Following the earnings announcement, Semrush will conduct a conference call on May 9, 2023, at 8:30 a.m. ET, featuring CEO Oleg Shchegolev, President Eugene Levin, CFO Brian Mulroy, and CMO Andrew Warden. Interested participants should dial in at least ten minutes early to join. Semrush offers a comprehensive online visibility management SaaS platform with over 95,000 paying customers, specializing in SEO, PPC, and digital marketing strategies.
Semrush Holdings, Inc. (NYSE: SEMR) reported strong financial results for 2022, with revenue surpassing $254 million, reflecting a growth of over 35% year over year. The fourth quarter revenue was $68.8 million, up 28% year over year. As of December 31, 2022, the company had over 95,000 paying customers, a 16% increase from the previous year. However, it posted a net loss of $33.8 million for the full year. Looking ahead, Semrush forecasts first-quarter 2023 revenue between $70.3 million and $70.7 million, marking a 23% increase year over year. The company aims for non-GAAP profitability in 2023, focusing on improving margins while expanding its customer base.
Semrush (NYSE: SEMR), a SaaS platform for online visibility management, has appointed Anna Baird and Steven Aldrich as independent directors, and Brian Mulroy as the new CFO. Baird brings over 30 years of experience in technology, previously serving at McAfee and as CRO at Outreach. Aldrich, with nearly 30 years in tech, has held leadership roles at Intuit, GoDaddy, and others. Mulroy, joining in April 2023, has extensive finance experience, including SVP at Microsoft. These appointments aim to bolster the company's growth strategy in the competitive marketing technology sector.