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

Semrush Holdings

04/08/2023 10:37

* SEMrush Holdings Inc  SEMR.N  reported quarterly adjusted
earnings of 2 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was for a
loss of one cent per share.
    * Revenue rose 19.3% to $74.69 million from a year ago;
analysts
expected $74.46 million. 
    * SEMrush Holdings Inc's reported EPS for the quarter was
breakeven results​.
    * The mean earnings estimate of analysts had fallen by
about 103.1% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * SEMrush Holdings Inc shares had risen by 6.4% this
quarter and
gained 25.1% so far this year.
    * The company reported a quarterly loss of $279 thousand.
    * Wall Street's median 12-month price target for SEMrush
Holdings
Inc is $10.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 09:37 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.01          0.02           Beat
 Mar. 31 2023      -0.05          -0.05          Met
 Dec. 31 2022      -0.08          -0.08          Met
 Sep. 30 2022      -0.09          -0.05          Beat