Semrush Holdings, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year of 2021
November 09, 2021 at 04:30 pm EST
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Semrush Holdings, Inc. provided financial guidance for the fourth quarter and full year of 2021. For the fourth quarter, the company provided that revenue is expected to be in a range of $51.8 million to $52.3 million, ??up 42-43% year over year.
For the full year, the company provided that revenue is expected to be in a range of $186 million to $186.5 million, up 49% 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.