Welcome to our dedicated page for Squarespace news (Ticker: $SQSP), a resource for investors and traders seeking the latest updates and insights on Squarespace stock.
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Squarespace, Inc. (NYSE: SQSP) announced its Q1 2024 financial results, revealing a 19% revenue increase, with FY24 revenue guidance raised to 19%. The company experienced growth in total revenue, presence revenue, and commerce revenue, with improvements in net income and operating cash flow. Squarespace also saw an increase in unique subscriptions and average revenue per unique subscription, as well as positive adjusted EBITDA and unlevered free cash flow. The company provided positive outlook and guidance for Q2 and FY24, showing a strong performance and potential for future growth.