Semrush will report Q1 earnings with expected 20% revenue growth but customer growth slowed

From Investing.com: 2024-05-05 13:02:40

Semrush will report earnings after market close. Last quarter, revenue met expectations at $83.39 million, up 21.2% YoY, but customer growth slowed. Q1 revenue expected to grow 20% to $85.05 million, with adjusted earnings of $0.05 per share. Peers Sprout Social and VeriSign saw mixed reactions post-results. Inflation fears impacting growth stocks, SEMrush down 7% in the last month.



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