SEMrush Hldgs Q2 Sales $74.69M Beat $74.46M Estimate
Portfolio Pulse from bharat@benzinga.com
SEMrush Hldgs (NYSE:SEMR) reported Q2 sales of $74.69 million, beating the analyst consensus estimate of $74.46 million by 0.31 percent. This represents a 19.30 percent increase over sales of $62.61 million in the same period last year.
August 04, 2023 | 2:38 pm
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SEMrush Hldgs reported better than expected Q2 sales, which could positively impact its stock price.
SEMrush Hldgs reported Q2 sales that beat analyst estimates, which is typically seen as a positive sign by investors and could lead to an increase in the stock price. The 19.30% YoY increase in sales also indicates strong growth, which is another positive signal for investors.
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