Semrush (SEMR) reported Q2 EPS of ($0.06), in-line with the analyst estimate of ($0.06). Revenue for the quarter came in at $62.6 million versus the consensus estimate of $60.12 million.
GUIDANCE:
Semrush sees Q3 2022 revenue of $63.8-64.2 million, versus the consensus of $64 million.
- Non-GAAP net loss is expected to be in a range of $13 to $12 million, which includes incremental $7 to $5 million of one-time relocation costs related to the winding down of our Russia operations
Semrush sees FY2022 revenue of $251-253 million, versus the consensus of $249.3 million.
- Non-GAAP net loss is expected to be in a range of $32 to $28 million, which includes $11 to $10 million of one-time relocation costs related to the winding down of our Russia operations