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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 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.
Semrush Holdings, Inc. (NYSE: SEMR) will release its Q3 2021 financial results on November 9, 2021, after market close. A conference call to discuss the results will be hosted on November 10, 2021, at 8:30 a.m. ET, led by CEO Oleg Shchegolev and CFO Evgeny Fetisov. Participants can join via the provided toll-free numbers or through a live webcast at investors.semrush.com. Semrush, headquartered in Boston, serves over 76,000 paying customers with a comprehensive SaaS platform for online visibility management and marketing.
Semrush has launched its Listing Management tool for Canadian businesses, enabling them to improve online visibility and manage their presence across major directories like Google and Facebook. This tool helps businesses create and maintain profiles with accurate information, ensuring they stand out in local searches. Key features include integration with over 40 directories, voice search optimization, and a comprehensive listing presence audit. This release is part of a broader rollout aimed at supporting the growth of small- and medium-sized firms in Canada.
Semrush has announced a new integration with monday.com, enhancing digital marketing workflows. This integration allows users to import Semrush's online marketing data directly into the monday.com platform, enabling effective keyword prioritization and real-time SEO insights. Organizations can now streamline collaboration across marketing teams using live data and visual dashboards. This partnership aims to strengthen decision-making in marketing strategies, promising an improved user experience for over 76,000 paying Semrush customers.
Semrush has appointed Andrew Warden as the new Chief Marketing Officer, tasked with leading a global marketing team of over 150. His role will focus on enhancing the Semrush brand and customer retention strategies. Warden's previous experience includes a successful tenure at UnitedLex, where he transformed marketing operations. Semrush, which went public in March 2021, aims to expand its product offerings beyond SEO to encompass comprehensive digital marketing tools.
Semrush Holdings, Inc. (NYSE: SEMR) reported strong Q2 2021 results, with total revenue reaching $45 million, a 58% year-over-year increase and a 13% sequential rise. The company saw a 29% growth in paid users, contributing to a total annual recurring revenue (ARR) of $188 million, up 57% year-over-year. Despite a net loss of $279,000, this is an improvement from a loss of $2.1 million a year ago. The firm is optimistic about Q3, projecting revenue between $47.3 million and $47.7 million, reflecting a 47-48% year-over-year growth outlook.
Semrush Holdings, Inc. (NYSE: SEMR) will release its Q2 2021 financial results on August 9, 2021, after market close. A conference call will follow on August 10, 2021, at 8:30 a.m. ET, hosted by CEO Oleg Shchegolev and CFO Evgeny Fetisov. Investors are encouraged to join the call at least ten minutes early, with dial-in numbers provided for both toll-free and international participants. Semrush, a prominent SaaS platform for online visibility management, services over 72,000 paying customers, including 24% of Fortune 500 companies, and has numerous global offices.
Semrush Holdings announced an extension of its early lock-up expiration date for its IPO of Class A common stock. The extension affects 33% of securities, which will now be eligible for sale one business day after the release of Q2 2021 earnings. An estimated 42.4 million shares may come into public trading, subject to SEC regulations. Semrush is a prominent SaaS platform focused on online visibility management, serving over 72,000 customers globally.
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