Semrush Holdings, Inc. Provides Earnings Guidance for the First Quarter of 2024 and Fiscal Year 2024
March 04, 2024 at 04:36 pm EST
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Semrush Holdings, Inc. provided earnings guidance for the first quarter of 2024 and fiscal year 2024. For the first quarter, the company expects revenue in a range of $84.7 to $85.3 million, which at the mid-point would represent growth of approximately 20% year-over-year.
For the full year, the company expects revenue in a range of $364 to $368 million, which at the mid-point would represent growth of approximately 19% 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.
SEMRUSH HOLDINGS, INC. 
