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SEMrush Holdings, Inc. (Symbol: SEMR) is a leading provider of online visibility management software-as-a-service (SaaS) platforms. The company's tools and services help businesses optimize their digital marketing strategies by enabling them to understand their online presence and that of their competitors. SEMrush offers comprehensive solutions, including competitive keyword research, AdWords analysis, backlink tracking, position tracking, and site auditing.
With its vast database covering 25 countries, SEMrush tracks over 106 million keywords and 87 million domains, serving a diverse global clientele. The platform's capabilities extend to enhancing online visibility and driving high-quality traffic across websites and social media channels. Their services are tailored to help businesses create targeted and effective digital marketing campaigns.
SEMrush has made significant strides in recent years. One of their noteworthy achievements includes a collaboration with UserWay to integrate accessibility tools into the SEMrush platform. This partnership aims to make digital content more inclusive and accessible, ensuring compliance with global accessibility standards like the ADA and WCAG.
Financially, SEMrush generates revenue from various regions, including the US and the UK. The company's consistent focus on innovation and user-centric solutions has cemented its position as a vital tool for marketers worldwide.
SEMrush continually updates its platform to meet the evolving needs of digital marketers. Recent projects include the integration of AI-powered technologies to enhance the usability and compliance of digital content. This commitment to excellence helps businesses stay ahead of the curve in the competitive digital landscape.
Visit SEMrush's website, engage with them on social media, or contact them directly to learn more about how their tools can elevate your digital marketing efforts.
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.
Semrush Holdings, Inc. (NYSE: SEMR) reported a strong start to 2022 with first quarter revenue of $57.1 million, a 43% year-over-year increase. The company added over 5,000 customers, totaling more than 87,000 paying customers, reflecting a 19% rise from the previous year. Annual Recurring Revenue (ARR) reached $236 million, up 41% year-over-year. However, Semrush reported a net loss of $2.6 million compared to a net income of $1.5 million in the same quarter last year. The outlook for Q2 2022 projects revenue between $59.5 million and $60.5 million.
Semrush Holdings, Inc. (NYSE: SEMR) will report its Q1 2022 financial results on
Semrush Holdings, Inc. (NYSE: SEMR) reported strong financial results for Q4 and full-year 2021. Q4 revenue reached $53.7 million, a 47% increase year over year, while total revenue for 2021 was $188 million, up over 50% year over year. The company added nearly 15,000 paid customers, bringing the total over 82,000. However, there was a net loss of $3.9 million in Q4. Looking forward, Semrush expects Q1 2022 revenue between $55.8 million and $56.2 million, an increase of 40%.
Semrush (NYSE: SEMR) plans to acquire Kompyte, an AI-driven competitive intelligence automation platform based in Austin. This acquisition aims to enhance Semrush's capabilities by providing strategic insights for sales and marketing teams, enabling optimized messaging and positioning. With 88% of Kompyte's users in sales, Semrush anticipates improved win rates and market positioning. The acquisition also presents upselling opportunities, given the average annual recurring revenue per customer of $20,000. Semrush aims to strengthen its competitive intelligence offerings with this strategic move.
Semrush (NYSE: SEMR) has launched Semrush for Education, aimed at providing college students with access to digital marketing tools and a dedicated curriculum. The program, starting in the U.S., is designed to help students gain practical experience in digital marketing, including SEO and content creation. Semrush reported a 50% increase in marketing internship searches, indicating rising demand for digital marketing skills. Collaborations with professors will enhance students' job readiness by offering free access to the platform for a semester and guest lectures from industry experts.
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