Stock Track | SEMrush Soars 8.68% After Hours Following Leadership Change and Q4 Earnings Beat

Stock Track

02-27

SEMrush Holdings, Inc. (SEMR) stock surged 8.68% in after-hours trading on Wednesday, following the announcement of leadership changes and better-than-expected fourth-quarter financial results for the year 2024.

The company revealed that William "Bill" R. Wagner will become the new CEO of SEMrush, effective March 10, 2025. Meanwhile, the current co-founder and CEO, Oleg Shchegolev, will transition to the role of Chief Technology Officer.

Additionally, SEMrush reported a Q4 2024 revenue of $102.64 million, beating analyst consensus estimates of $101.4 million. The company also provided a strong outlook for Q1 2025 and full-year 2025 revenue, further boosting investor confidence.

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(SEMR) stock surged 8.68% in after-hours trading on Wednesday, following the announcement of leadership changes and better-than-expected fourth-quarter financial results for the year 2024.</p>\n\n<p>The company revealed that William \"Bill\" R. Wagner will become the new CEO of SEMrush, effective March 10, 2025. Meanwhile, the current co-founder and CEO, Oleg Shchegolev, will transition to the role of Chief Technology Officer.</p>\n\n<p>Additionally, SEMrush reported a Q4 2024 revenue of $102.64 million, beating analyst consensus estimates of $101.4 million. 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