Squarespace Inc Stock Price, News & Analysis

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.

Squarespace (NYSE: SQSP) reported strong Q1 2022 results with record revenue of $207.8 million, a 16% increase year-over-year. Commerce revenue rose 36%, with unique subscriptions reaching 4.2 million (up 10%). Despite the growth, the company faced a net loss of $92.9 million. The board authorized a $200 million share repurchase program and has raised guidance for full-year revenue to between $867 million and $879 million. For Q2, expected revenue is $208 to $213 million, indicating 6% to 9% year-over-year growth.

Squarespace, Inc. (NYSE: SQSP) will release its financial results for the first quarter ended March 31, 2022, before market open on May 12, 2022. The company will hold a conference call and webcast at 8:30 a.m. ET the same day to discuss these results. Squarespace is known for providing an all-in-one platform that supports customers in over 200 countries, offering tools for selling products and services online. The company’s headquarters are in New York City, with additional offices in Dublin, Portland, and Chicago.