SEMrush Holdings Inc.
SEMR-
Semrush Holdings, Inc decreased 11.9% to $8.68 after the cloud based services provider reported first quarter results.
Revenue in the first quarter increased 24% to $70.9 million and average revenue run rate advanced 23% to $293 million and paying customers increased 15% to above 100,000.
Free active customers increased 36% to 885,000 and the number of customers paying more than $10,000 increased 45%.
Net loss in the quarter increased to $9.9 million from $2.9 million and diluted loss per share expanded to 7 cents from 2 cents a year ago.
The company forecasted second quarter revenue to increase 19% at mid-point of the range between $73.6 million and $75 million and non-GAAP earnings between $1.5 million and $3.0 million.
For the full-year 2023, the company estimated revenue between $306.0 million and $309.0 million and non-GAAP net income between breakeven and $3.0 million.
May 9, 2023
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| Trading Volume | 16,716 |
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15.85 - 7.61 |
| Market Cap Full | $ 2B |
Quarterly +
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Q1 | 1.2% | -0.7% | -3% | 23.7% |
| Q2 | - | -0.3% | -3.7% | -4.8% |
| Q3 | - | -0.3% | -7.9% | -11.1% |
| Q4 | - | -0.3% | -17.2% | 66% |
Monthly +
| J | F | M | A | M | J | J | A | S | O | N | D |
| 2026 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | |||||||||||
| -0.7 | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | |||||||||||
| -15.6 | 8.5 | 6 | -13.2 | 32.5 | -14.5 | 15.4 | -7.9 | - | - | - | -12.9 |
| 2023 | |||||||||||
| 20.5 | -18.3 | 25.7 | -3.9 | -21 | 25.4 | 10.9 | -10.9 | -10 | -5.1 | 35.4 | 25 |
| 2022 | |||||||||||
| -12.9 | -17.9 | -19.9 | -13.4 | -3.4 | 29.4 | -5.3 | 0.2 | -8.6 | 9.1 | -22.5 | -14.2 |
| 2021 | |||||||||||
| - | - | - | 40.1 | 7.5 | 28.3 | -13.2 | 32.7 | -14.3 | 7.3 | -15.9 | 1.6 |
EPS
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Q1 | -0.1 | -0 | 0 |
| Q2 | 0 | -0.1 | 0 |
| Q3 | 0 | -0.1 | 0 |
| Q4 | 0 | -0.1 | -0 |
| A | -0.04 | -0.2 | -0 |