Reports Q4 revenue $102.6M, consensus $101.45M. “Our strong business momentum continued throughout the year, ending the fourth quarter exceeding our guidance and delivering revenue growth of 23% and ARR growth of 22% year-over-year. We reported an impressive fourth quarter in SEO Enterprise sales, closing over 40 deals in December alone and more SEO Enterprise deals in Q4, than the rest of the year combined,” said Oleg Shchegolev, CEO and Co-Founder of Semrush (SEMR).
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SEMR:
- SEMR Earnings this Week: How Will it Perform?
- Semrush price target raised to $21 from $17 at Jefferies
- Morgan Stanley Says Emerging Software Cycles Will Drive 2025 Growth — Here Are 3 Stocks to Bank on It
- Northland starts Semrush with an Outperform rating, $18 target
- Semrush initiated with an Outperform at Northland