Semrush Announces First Quarter 2021 Financial Results
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SEMrush Holdings, Inc. (SEMR) Reports Q1 EPS of $0.01 on Revenues of $40M; Offers 2Q & FY21 Revenues Outlook
May 11, 2021 4:45 PM EDTSEMrush Holdings, Inc. (NYSE: SEMR) reported Q1 EPS of $0.01, versus ($0.02) reported last year. Revenue for the quarter came in at $40 million, versus $27.79 million reported last year.
First Quarter 2021 Financial Highlights
Total revenue of $40 million, up 44% year over yearARR of $168 million as of March 31, 2021, up 53% year over yearDollar based net revenue retention of 116%Net Income of $1.5 million, an improvement from a loss of $1.9 million a year... More