Semrush (SEMR) Misses Q1 EPS by 3c
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Semrush Announces First Quarter 2023 Financial Results
May 8, 2023 4:30 PM EDT- First quarter revenue of $70.9 million, up 24% year over year
- Surpasses milestone of 100,000 paying customers
BOSTON--(BUSINESS WIRE)-- Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today reported financial results for the first quarter ended March 31, 2023.
I am pleased with our first quarter results - we achieved revenue growth of 24% year-over-year and ARR growth of 23% year-over-year based on strong new customer demand. During the quarter, we surpassed 100,000 paying customers, set record net-new customer additions, and... More
