Semrush (SEMR) Tops Q4 EPS by 2c, provides guidance

Semrush (NYSE: SEMR) reported Q4 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $83.4 million versus the consensus estimate of $83.13 million.

First Quarter 2024 Financial Outlook:

Semrush sees Q1 2024 revenue of $84.7-85.3 million, versus the consensus of $86.092 million.

We expect first quarter Non-GAAP operating margin to be approximately 8%.

Full-Year 2024 Financial Outlook:

For the full year, we expect revenue in a range of $364 to $368 million, versus the consensus of $368.9 million, which at the mid-point would represent growth of approximately 19% year-over-year.
We expect full year Non-GAAP operating margin of 10% to 11%.
We expect full year free cash flow margin to be in the range of 7% to 8%.

For earnings history and earnings-related data on Semrush (SEMR) click here.

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