Semrush Holdings, Inc. Provides Revenue Guidance for the Second Quarter of 2023 and Reiterates Revenue Guidance for the Full-Year 2023
May 08, 2023 at 04:30 pm EDT
Share
Semrush Holdings, Inc. provided revenue guidance for the second quarter of 2023 and reiterated revenue guidance for the full-year 2023. For the quarter, the company expects revenue in a range of $73.6 to $75.0 million dollars, which at the mid-point would represent growth of approximately 19% year over year.
For the full-year, the company is reiterating prior revenue guidance of $306.0 to $309.0 million dollars, which would represent growth at the midpoint of approximately 21% 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. 
