Semrush reports Q1 EPS 1c, consensus 7c

Reports Q1 revenue $105M, consensus $104.36M. “I am thrilled to be part of the Semrush (SEMR) team as we leverage our best-in-class data platform to seize the emerging marketing opportunity presented by AI and extend our reach into the enterprise market,” said Bill Wagner, CEO. “We reported a strong start to the year, delivering first quarter revenue growth of 22% along with strong margins and free cash flow. We are especially pleased by the early traction of our AI products and continued momentum of our Enterprise SEO Solution.”