Semrush (NYSE:SEMR) will be reporting earnings after market hours, with revenue expectations of $108.8 million, a 19.6% increase from last year. Last quarter, Semrush beat revenue estimates by 0.9%, reaching $105 million. They added 1,000 customers, totaling 118,000. Analysts expect adjusted earnings of $0.08 per share. The majority reaffirmed their estimates in the last 30 days. Peers like Freshworks and BigCommerce have reported positive revenue growth in the sales and marketing software segment. Despite economic uncertainties, Semrush is up 4.5% over the last month, with an average analyst price target of $15.17.
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Read more at Barchart: What To Look For From SEMR
