Investing.com - Semrush Holdings reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Semrush Holdings announced earnings per share of $-0.05 on revenue of $65.79M. Analysts polled by Investing.com anticipated EPS of $-0.09 on revenue of $63.97M.
Semrush Holdings shares are down 12% from the beginning of the year , still down 56.39% from its 52 week high of $26.35 set on Monday, November 15, 2021.
Semrush Holdings follows other major Information Technology sector earnings this month
Semrush Holdings's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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