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

Semrush Holdings

08/05/2023 23:22

* SEMrush Holdings Inc  SEMR.N  reported a quarterly
adjusted loss
of 5 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 24.1% to $70.87 million from a year ago;
analysts
expected $70.30 million. 
    * SEMrush Holdings Inc's reported EPS for the quarter was a
loss
of 7 cents​.
    * The mean earnings estimate of analysts had risen by
about 12.7%
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 fallen by 4.7% this
quarter and
gained 17.7% so far this year.
    * The company reported a quarterly loss of $9.86 million.
    * Wall Street's median 12-month price target for SEMrush
Holdings
Inc is $11.00 
    * 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 LSEG Refinitiv data May
8 at 10:21 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.05          Met
 Dec. 31 2022      -0.08          -0.08          Met
 Sep. 30 2022      -0.09          -0.05          Beat
 Jun. 30 2022      -0.06          -0.04          Beat