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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Squarespace's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Squarespace's position in the market.
On November 9, 2022, Squarespace announced that Anthony Casalena, Founder & CEO, will present at two major investor conferences. The first is the RBC Capital Markets Global Technology Conference on November 16, 2022, at 3:45 p.m. ET. The second is the Barclays Global Technology Conference on December 7, 2022, at 12:15 p.m. ET. A live audio webcast and archived replay will be available on the Squarespace Investor Relations website.
Squarespace (NYSE: SQSP) reported third-quarter 2022 results with total revenue of $217.7 million, an 8% year-over-year growth, and 13% growth in constant currency. Commerce revenue increased 13% to $67.7 million. Net income surged to $10.1 million from $2.8 million last year, equating to earnings per share of $0.07. Adjusted EBITDA rose to $43.7 million. Cash flow from operations was $41.4 million. The company forecasts Q4 revenue between $219 million and $224 million, with full-year guidance of $857 million to $862 million.
Squarespace (NYSE: SQSP) has launched the Squarespace Refresh, introducing over 100 new product features aimed at empowering entrepreneurs to enhance their online presence and monetize audiences. Key updates include video monetization, custom merchandise capabilities via Printful, and improved ecommerce tools that facilitate sales on platforms like Facebook and Instagram. Additionally, the company has partnered with artist Björk to release a limited-edition Fluid Engine template, showcasing innovative design integration. The updates emphasize streamlined business management tools and enhanced user experience.
Squarespace, Inc. (NYSE: SQSP) has announced the appointment of Nathan Gooden as its new Chief Financial Officer and Treasurer, effective October 18, 2022. Gooden, previously CFO of Amazon Alexa WorldWide, brings over two decades of experience in financial leadership within the tech sector. Founder & CEO Anthony Casalena expressed enthusiasm about Gooden's addition to the leadership team, praising his financial expertise and strategic insight. Gooden aims to leverage his experience to enhance Squarespace's growth and deliver long-term value to shareholders.
Squarespace, Inc. (NYSE: SQSP) will announce its financial results for the third quarter ending September 30, 2022, on November 8, 2022, before market open. A conference call is scheduled for 8:30 a.m. ET on the same day to discuss these results. Investors can register for the call via the company's Investor Relations website. Squarespace continues to be a leading all-in-one platform, offering integrated tools for website building and ecommerce, serving customers in over 200 countries.
Squarespace, Inc. (NYSE: SQSP) announced the appointment of Neela Montgomery to its board of directors, effective August 3, 2022. Montgomery brings over 20 years of leadership experience in global retail, having held significant positions at CVS Health and Crate & Barrel Holdings. Her expertise is expected to contribute to Squarespace's long-term growth strategy, as stated by CEO Anthony Casalena. This strategic move aims to enhance the company's market presence and operational effectiveness.
Squarespace reported second-quarter 2022 results, achieving $213 million in revenue, a 12% year-over-year growth in constant currency. The company saw a 13% increase in commerce revenue to $66.2 million. Unique subscriptions rose to 4.2 million, and average revenue per unique subscription grew to $204. The net income was $64.5 million, a significant improvement from a $234.5 million loss last year. For Q3, Squarespace projects revenues of $213-$218 million, and for the full year, expectations are $857-$867 million.
Squarespace (NYSE: SQSP) has launched Fluid Engine, an innovative website design system enhancing drag-and-drop functionality for users. This system, described as providing Unbreakable Creativity, allows for extensive customization and precise control over content layout on both desktop and mobile platforms. Key features include improved mobile design capabilities, design efficiency, and guided customization through an advanced smart grid. Fluid Engine is currently available on Squarespace 7.1 in English, with plans for additional language support.
Squarespace (NYSE: SQSP) will announce its Q2 2022 financial results on July 25, 2022, before the market opens. A conference call and live webcast to discuss the results will occur at 8:30 a.m. ET on the same day. The event can be accessed via the Investor Relations website. Squarespace continues to serve customers in over 200 countries with an integrated platform for selling various products and services.
Squarespace, Inc. (NYSE: SQSP) announced that Founder & CEO Anthony Casalena will present at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference in Boston on May 25, 2022, at 10:40 a.m. ET. A live audio webcast and archived replay will be accessible on the Squarespace Investor Relations website. Squarespace is a comprehensive platform that provides tools for website building and ecommerce for customers in over 200 countries. Their services include website management, domains, marketing tools, and social media management.