Brief: Semrush Announces First Quarter 2023 Financial Results

Semrush Holdings

08/05/2023 23:11

May 8 (Reuters) - Semrush Holdings Inc  SEMR.N :
    * Q1 REVENUE VIEW $70.30 MILLION -- REFINITIV IBES DATA
    * SEMRUSH ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS
    * Q1 REVENUE ROSE 24 PERCENT TO $70.9 MILLION
    * FOR Q2, WE EXPECT REVENUE IN A RANGE OF $73.6 MILLION TO
$75.0
MILLION DOLLARS
    * WE EXPECT Q2 NON-GAAP NET LOSS OF $3.0 TO $1.5 MILLION
DOLLARS
    * FOR FULL-YEAR 2023, WE ARE REITERATING OUR PRIOR REVENUE
GUIDANCE OF $306.0 TO $309.0 MILLION DOLLARS
    * WE CONTINUE TO EXPECT NON-GAAP NET INCOME OF BREAKEVEN TO
$3
MILLION DOLLARS FOR FULL YEAR 2023
    * Q2 EARNINGS PER SHARE VIEW $-0.01, REVENUE VIEW $74.9
MILLION --
REFINITIV IBES DATA
    * QTRLY LOSS PER SHARE $0.07
    * Q1 EARNINGS PER SHARE VIEW $-0.05, REVENUE VIEW $70.3
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $0.01, REVENUE VIEW $307.0
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw5zM1Kxa 
Further company coverage:  SEMR.N 

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