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Semrush Holdings provides content marketing and online visibility management services to businesses. The company has fully exited its operations from Russia, reducing significant business risk coming from the region due to the Russia-Ukraine war.
The stock market downturn hasn't deterred Wall Street analysts from recommending these three innovative companies.
Investors should scoop up this high-quality business at a discount while they still can.
Semrush Holdings, Inc. (NYSE:SEMR ) Q2 2022 Earnings Conference Call August 11, 2022 8:30 AM ET Company Participants Bob Gujavarty – Vice President-Investor Relations Oleg Shchegolev – Co-Founder and Chief Executive Officer Eugene Levin – President Evgeny Fetisov – Chief Financial Officer Conference Call Participants Parker Lane – Stifel Elizabeth Porter – Morgan Stanley Mark Murphy – JP Morgan Clarke Jeffries – Piper Sandler Michael Vidovic – Keybanc Capital Markets Scott Berg – Needham Operator Good morning my name is Rex. And I will be your conference operator today.
SEMrush Holdings, Inc. (SEMR) delivered earnings and revenue surprises of 42.86% and 4.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Semrush is a $1.7 billion company that operates an online visibility management platform. Shares are down more than 60% from their 52-week high, and the company only came public in March 2021.
These low-priced stocks are not low-quality companies.
While the market continued to swing up and down, I was busy buying.
Semrush is one of the world's most popular SaaS platform for sales and marketing professionals when it comes to online visibility management. I am bullish on Semrush's value proposition as I see the global demand for high-quality data analytics and website traffic analysis accelerate.
First quarter results show robust revenue growth beyond expectations. Customer numbers rose in spite of geopolitical challenges.