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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) reported third-quarter 2022 revenue of $65.8 million, marking a 34% year-over-year increase. The company has over 94,000 paying customers, up 17% from the previous year. However, it faced a net loss of $9.1 million, compared to a loss of $615,000 in Q3 2021. Non-GAAP net loss was $7.1 million, which includes $5.8 million related to exiting Russia operations. Looking ahead, Q4 revenue guidance is projected between $67.25 million and $67.75 million, representing a 25-26% increase year-over-year.
Semrush Holdings, Inc. (NYSE: SEMR) will announce its third-quarter financial results for the period ending September 30, 2022, after U.S. market close on November 14, 2022. A conference call to discuss these results is scheduled for November 15, 2022, at 8:30 a.m. Eastern Time, featuring CEO Oleg Shchegolev, CFO Evgeny Fetisov, and President Eugene Levin. Investors can participate by dialing in or via the live webcast available on the Semrush investor relations website.
Semrush (NYSE: SEMR) has appointed David Mason as General Counsel and Secretary, bringing over 20 years of legal and entrepreneurial experience. Mason previously served as General Counsel at EverQuote and Deputy General Counsel at KAYAK, where he managed corporate governance and played a key role in KAYAK’s $1.8 billion acquisition by Booking Holdings (NASDAQ: BKNG). CEO Oleg Shchegolev expressed confidence in Mason's ability to support the company's growth strategy. Semrush has over 91,000 paying customers and offers a robust online visibility management platform.
Wix and Semrush announced a partnership enabling Wix users to access Semrush's extensive SEO tools directly from the Wix platform. This integration allows users to identify effective keywords and improve their website visibility in search results. Powered by Semrush's database of over 21 billion keywords, users can access critical metrics like search intent and keyword difficulty. The integration is part of Wix's SEO Setup Checklist and aims to democratize SEO, enhancing the tools available for businesses to manage their online marketing effectively.
Semrush (NYSE: SEMR) announces the appointment of Bill Wagner as an independent non-executive director to its Board, bringing over 20 years of SaaS experience. Wagner's previous role as CEO of GoTo (LogMeIn) saw the company grow significantly, reaching over
Looka Inc. has announced a partnership with Semrush (NYSE: SEMR) to enhance its service offerings through the new Partner Marketplace program. This collaboration aims to provide Looka users with exclusive discounts on SEO tools and services, further increasing online visibility for small businesses and entrepreneurs. Looka's Brand Kit subscribers will benefit from a 14-day PRO trial of Semrush, granting access to over 50 tools in SEO and digital marketing. Since its inception, Looka has onboarded over 11 million users, showcasing its commitment to empowering small brands.
Semrush Holdings, Inc. (NYSE: SEMR) reported second quarter 2022 revenue of $62.6 million, a 39% increase year over year. The company added 9,000 new customers, totaling over 91,000 paying customers, marking an 18% growth from the previous year. Despite a net loss of $8.3 million, the annual recurring revenue (ARR) rose to $255 million, up 35%. Looking ahead, Semrush forecasts Q3 revenue between $63.8 million and $64.2 million, representing 30% growth year over year.
Semrush Holdings, Inc. (NYSE: SEMR) is set to release its financial results for Q2 2022 on August 10, 2022, after U.S. market close. A conference call will follow on August 11, 2022, at 8:30 a.m. ET, hosted by CEO Oleg Shchegolev, CFO Evgeny Fetisov, and President Eugene Levin. Semrush, headquartered in Boston, is a leading SaaS platform for online visibility management, serving over 87,000 paying customers globally.
Semrush (NYSE: SEMR) has appointed Eugene Levin as President and Vitalii Obishchenko as Chief Operating Officer, effective immediately. Levin, who has been with Semrush since 2016, will shape the company's strategic direction, while Obishchenko, with the firm since 2011, will manage daily operations. Oleg Shchegolev continues as CEO and a Director. This leadership change aims to strengthen Semrush's growth strategy and enhance operational efficiency, reflecting the company’s commitment to its expansion and innovative initiatives.
Semrush (NYSE: SEMR) has launched new tools aimed at helping small and medium businesses (SMBs) enhance their online visibility. The beta version of the Content Outline Builder assists users in generating high-performing blog content efficiently. Additionally, the Listing Management tool has expanded to 22 new markets, enabling SMBs to manage their local search presence more effectively. A survey revealed that nearly half of SMBs prioritize brand awareness and website traffic, but many operate on limited budgets, with 64% spending under $1,000 monthly on content marketing.
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