06:00 AM EST, 03/05/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.)

Semrush Holdings' ( SEMR ) shares fell 15% in premarket activity on Tuesday after the company's Q1 and full-year 2024 outlooks were a touch shy of market expectations.

The company reported Q4 earnings late Monday of $0.05 per diluted share, swinging from a loss of $0.10 a year earlier.

Four analysts polled by Capital IQ expected $0.01 per share.

Revenue for the quarter ended Dec. 31 was $83.4 million, up from $68.8 million a year earlier.

Analysts surveyed by Capital IQ expected $83.1 million.

For Q1, Semrush ( SEMR ) expects revenue of $84.7 million to $85.3 million, against consensus estimates of $86.1 million.

For 2024, the company expects revenue of $364 million to $368 million. Analysts polled by Capital IQ expected $368.9 million.