SEMrush Holdings Inc reports results for the quarter ended in June - Earnings Summary

Semrush Holdings

10/08/2022 22:46

* SEMrush Holdings Inc  SEMR.N  reported a quarterly
adjusted loss
of 4 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for a loss
of 6 cents per share.
    * Revenue rose 39.1% to $62.61 million from a year ago;
analysts
expected $59.90 million. 
    * SEMrush Holdings Inc's reported EPS for the quarter was a
loss
of 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * SEMrush Holdings Inc shares had risen by 6.7% this
quarter and
lost 33.8% so far this year.
    * The company reported a quarterly loss of $8.28 million.
    * Wall Street's median 12-month price target for SEMrush
Holdings
Inc is $13.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 09:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.06          -0.04          Beat
 Mar. 31 2022      -0.03          -0.01          Beat
 Dec. 31 2021      -0.04          -0.02          Beat
 Sep. 30 2021      -0.03          0.00           Beat