Semrush Hldgs Inc Stock Price, News & Analysis

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.

Semrush (NYSE: SEMR), a leader in online visibility management, has acquired Traffic Think Tank (TTT), a premier marketing education community. TTT provides over 300 hours of content curated by industry experts, enhancing Semrush's Academy offerings. The acquisition aims to expand Semrush's training resources, helping marketers improve their skills across SEO, content marketing, and more. Semrush's focus on digital marketing education is underscored by its previous acquisition of Backlinko in January 2022. The TTT team will continue to contribute their expertise to the Semrush community, driving growth and collaborative learning.

Semrush Holdings, Inc. (NYSE: SEMR) is set to release its financial results for the fourth quarter and full year ending December 31, 2022, after the close of U.S. markets on March 13, 2023. A conference call for discussion of these results will take place on March 14, 2023, at 8:30 a.m. ET, hosted by CEO Oleg Shchegolev, CFO Evgeny Fetisov, and President Eugene Levin. Interested participants can join via the provided toll-free dial-in numbers or access a live webcast at Semrush's investor relations website.

Semrush, a prominent SaaS platform, helps businesses enhance their online visibility and run effective marketing campaigns.

Semrush, a top online visibility management platform, is hosting Global Marketing Day 2023 on February 16, starting at 10 a.m. ET. This free, 24-hour online conference will feature 48 sessions from major brands like Google, TikTok, and Vogue Business, broadcasting live from studios in New York, London, and Dubai.

Key topics include current trends in marketing, branding, social media strategies, and recession-proof approaches. Attendees need to register to gain insights from industry leaders, highlighting Semrush's commitment to inclusivity and innovation.

Semrush (NYSE: SEMR) has appointed Channing Ferrer as the new Chief Sales Officer. Ferrer brings over 20 years of experience, previously serving as Chief Revenue Officer at Built In and holding significant roles at HubSpot (NYSE: HUBS). He succeeds Delbert Humenik, who has led the sales function since 2017 and will transition to an advisor role by July 2023. CEO Oleg Shchegolev highlighted Ferrer's proven track record in growing revenue, stating that his expertise will help expand Semrush's customer base of over 94,000 accounts and enhance its offerings of 55+ tools. The leadership change comes at a crucial growth stage for Semrush.

Semrush Holdings, Inc. (NYSE: SEMR) announced participation in the 25th Annual Needham Growth Conference on January 11, 2023. CFO Evgeny Fetisov and VP of Investor Relations Bob Gujavarty will host one-on-one investor meetings and a fireside chat at 3:45 p.m. ET in New York, NY. Live audio webcasts and archived replays will be available on Semrush’s investor relations website. Semrush, a leading online visibility management SaaS platform, supports over 94,000 paying customers in their digital marketing efforts.