SEMrush Hldgs Q3 2023 EPS $0.03 Beats $0.02 Estimate, Sales $78.72M Beat $78.70M Estimate
Portfolio Pulse from totan@benzinga.com
SEMrush Hldgs (NYSE:SEMR) reported Q3 2023 earnings of $0.03 per share, beating the analyst consensus estimate of $0.02 by 50%. This is a 150% increase over losses of $(0.06) per share from the same period last year. The company also reported quarterly sales of $78.72 million, beating the analyst consensus estimate of $78.70 million by 0.02%. This is a 19.64% increase over sales of $65.79 million the same period last year.
November 01, 2023 | 9:14 pm
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POSITIVE IMPACT
SEMrush Hldgs reported better than expected Q3 2023 earnings and sales, which could positively impact its stock price in the short term.
SEMrush Hldgs reported Q3 2023 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100