May 08, 2023  SEONews

Semrush Announces First Quarter 2023 Financial Results – Business Wire

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 had a record number of new trials. We are committed to making online marketing easier for businesses of any size and continue to provide professional marketers and growing businesses with exceptional value,” said Oleg Shchegolev, CEO and Co-Founder of Semrush.

“Looking ahead to the remainder of 2023, we are focused on further balancing our paid and organic marketing activities, expanding our App Center, automating more sales actions, and upgrading our product offerings to strengthen our leadership position in the industry. We…

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source: https://news.oneseocompany.com/2023/05/08/semrush-announces-first-quarter-2023-financial-results-business-wire_2023050844600.html

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