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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.
Access comprehensive coverage of earnings announcements, product enhancements, and strategic partnerships. Our curated news selection enables informed analysis of SEMR's evolving role in the marketing technology sector while maintaining strict compliance with financial disclosure standards.
Key updates include platform innovations, leadership changes, and industry recognition. Bookmark this page for centralized access to verified SEMrush Holdings news, eliminating the need to track multiple sources. Check regularly for objective reporting on developments impacting the company's market performance.
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.
Semrush (NYSE: SEMR), an online visibility management SaaS platform, has been recognized as G2’s 2022 Best Marketing & Digital Advertising Product, achieving the top rank. Additionally, it secured positions #32 for Small Business Products and #53 for Best Software Products.
This marks Semrush's second appearance on G2's Best Software lists, showcasing its commitment to product enhancement and customer service. The recognition reflects Semrush's evolution from an SEO tool to a comprehensive digital marketing platform, empowering marketers with diverse tools for online visibility.
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.