SEMrush Holdings, Inc. - SEMR STOCK NEWS

Semrush Holdings, Inc. (NYSE: SEMR) will release its financial results for Q4 and the full year ending December 31, 2021, on February 28, 2022. A conference call to discuss these results will be held on March 1, 2022, at 8:30 a.m. ET, hosted by CEO Oleg Shchegolev and CFO Evgeny Fetisov. Participants can join via dial-in and a live webcast will be available. Semrush provides a SaaS platform for online visibility management, supporting over 79,000 paying customers in optimizing their marketing strategies.

Semrush (NYSE: SEMR) has announced its acquisition of Backlinko, a prominent SEO training platform that attracts over 500,000 visits per month. Founded in 2012, Backlinko is recognized for its high-quality resources in digital marketing and SEO. This strategic acquisition aligns with Semrush's commitment to providing top-notch training resources for digital marketers. Brian Dean, founder of Backlinko, and his team will enhance the offerings at Semrush Academy, supporting the company's goal of establishing a comprehensive digital marketing educational platform.

Semrush has appointed SEO expert Marcus Tober as SVP of Enterprise Solutions, focusing on developing innovative SEO solutions for complex enterprise needs. Tober, a founder of Searchmetrics, brings over 21 years of experience and aims to provide a comprehensive single-point solution for enterprise SEO challenges. Chief Strategy Officer Eugene Levin emphasized Semrush's evolution into a robust online visibility management platform, underlining the company's commitment to enhancing its SEO capabilities for larger clients.

Semrush (NYSE: SEMR) has been recognized in the Winter 2022 Report from G2, achieving high rankings in the leader quadrant across 19 product categories. This marks the 7th consecutive quarter in the leader quadrant for categories including SEO and Social Media Analytics. Semrush has over 79,000 paying customers and continues to enhance its digital marketing platform, aiming to help businesses improve their online visibility. The recognition is attributed to customer feedback, highlighting Semrush's commitment to product development.

Semrush (NYSE: SEMR) is offering a free subscription to its .Trends traffic tools for a limited time to Amazon Alexa Internet paid users, following the announcement of Alexa's closure on May 1, 2022. This offer aims to support Alexa users in accessing valuable web data. The free subscription, available until April 30, 2022, includes a Pro or Guru account and various features like Traffic Analytics and Market Explorer. Semrush reflects its commitment to help marketers impacted by Alexa's shutdown, enhancing its role in the web traffic analysis market.

Semrush Holdings, Inc. (NYSE: SEMR) announced the pricing of a public offering of 5,000,000 shares of Class A common stock at $20.50 per share. This includes 4,000,000 shares from Semrush and 1,000,000 from existing stockholders. The underwriters have an option to purchase an additional 750,000 shares. The offering is set to close on November 23, 2021. Proceeds from the offering will be used to boost sales, marketing, and R&D, as well as general administrative expenses and growth strategies.

Semrush Holdings, Inc. (NYSE: SEMR) has filed a registration statement with the SEC for a proposed public offering of 5,500,000 shares of Class A common stock. The offering includes 2,500,000 shares from Semrush and 3,000,000 from existing stockholders, with a 30-day option for underwriters to purchase an additional 825,000 shares. Proceeds from Semrush's shares will be used for sales, marketing, research and development, and general expenses. The offering is subject to market conditions and there are no guarantees on completion timing or terms.

Semrush Holdings, Inc. (NYSE: SEMR) reported a robust third quarter 2021, achieving $49.3 million in revenue, reflecting a 53% increase year-over-year. The company expanded its customer base to over 79,000, a rise of 23% from the previous year. Average revenue per customer grew by over 20%, driven by additional user licenses and product add-ons. Despite a net loss of $615,000, improvements were noted compared to a loss of $1 million last year. The guidance for Q4 anticipates revenue between $51.8 million and $52.3 million, indicating continued strong growth.