Semrush Holdings, Inc. Provides Earnings Guidance for the Third Quarter of 2022 and Full Year of 2022
August 10, 2022 at 04:35 pm EDT
Share
Semrush Holdings, Inc. provided earnings guidance for the third quarter of 2022. For the quarter, the company expects revenue is expected to be in a range of $63.8 million to $64.2 million, ??up 30% year over year.
For the year, the company expects revenue is expected to be in a range of $251 million to $253 million, up 34 to 35% year over year.
Semrush Holdings, Inc. is a provider of an online visibility management software-as-a-service (SaaS) platform. The Companyâs platform enables companies globally to identify and reach the right audience for their content, in the right context, and through the right channels. The Company utilizes proprietary technology and machine learning capabilities to aggregate, cleanse, and analyze broad and deep datasets to derive differentiated insights and analytics for its customers to manage their online visibility. Its ability to aggregate, crawl, and process massive data sets, including search engine, Website traffic, backlink, online advertising, panel, and social media data, combined with its ability to obtain data from its customers through application programming interfaces (APIs), enables its software to generate a comprehensive view of a companyâs online visibility profile and identify the specific keywords, advertisements, third-party websites, and content that are driving traffic.