Squarespace Inc Stock Price, News & Analysis

Squarespace, Inc. (SQSP) reported strong Q4 and fiscal year 2021 results, achieving total revenue of $207.4 million, a 20% increase year-over-year, and fiscal year revenue of $784.0 million, up 26% from the previous year. The company processed nearly $5.8 billion in GMV, with a significant rise in commerce revenue by 60% to $229.5 million. However, a net loss of $249.1 million raised concerns. For Q1 2022, Squarespace expects revenue between $203 million and $205 million, indicating a 13%-14% growth. Full-year guidance projects revenue of $862 million to $878 million, with growth forecasts of 10%-12%.

Squarespace (NYSE: SQSP) launched its eighth Super Bowl campaign, featuring Zendaya and André '3000' Benjamin. The ad showcases Zendaya as Sally, an entrepreneur expanding her seashell business with Squarespace's tools. This campaign highlights Squarespace's mission to empower creators and entrepreneurs worldwide. Directed by Edgar Wright, it celebrates the evolving commerce landscape with a playful nod to the company's slogan, 'Everything to Sell Anything.' The commercial is set to air during the Super Bowl on February 13, 2022, across the US, UK, and Canada.

Squarespace, the all-in-one website building and ecommerce platform, announced that Founder & CEO Anthony Casalena will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, at 6:00 p.m. ET. Investors can view the webcast and archived replay on the Squarespace Investor Relations website. Squarespace offers integrated tools for selling physical products, digital content, and managing businesses across various touchpoints, serving customers in approximately 200 countries. For more details, visit squarespace.com.

Squarespace, Inc. (NYSE: SQSP) will report its fourth quarter and fiscal year 2021 financial results on March 7, 2022, before market open. A conference call will follow at 8:30 a.m. ET to discuss the results. Investors can participate through the Investor Relations website. The company provides an all-in-one platform for website building and ecommerce, serving customers in around 200 countries with tools for selling products, digital content, and managing social media.

The New York Knicks and Squarespace have launched the fifth annual “Make It Awards,” providing grants and marketing assets to aid local businesses. Four businesses will be awarded a $30,000 grant along with a year of Squarespace subscription and marketing resources. The application window is open until February 10, 2022. Since its inception in 2018, the initiative has awarded nearly $500,000 in grants to support community entrepreneurs. The winners will be announced in March.

Squarespace (NYSE: SQSP) announced participation in two upcoming investor conferences. On November 30, 2021, CEO Anthony Casalena will join a fireside chat at the Credit Suisse 25th Annual Technology Conference at 3:20 p.m. ET. The following week, on December 7, 2021, he will partake in another virtual chat at the Barclays Global Technology, Media and Telecommunications Conference, starting at 9:45 a.m. ET. Webcasts and replays for both events will be available on the Squarespace Investor Relations website.

Squarespace, Inc. (NYSE: SQSP) reported third-quarter results for 2021, achieving a total revenue of $201 million, a 24% increase year-over-year. Commerce revenue surged to $59.8 million, up 55%, highlighting its growing importance. The company reached 4 million unique subscriptions, a rise of 13.5%.

Adjusted EBITDA was $38.4 million, down from $40.6 million last year. For Q4, Squarespace anticipates revenues between $203 million and $206 million, reflecting a 18%-20% growth.

Squarespace, the website building and ecommerce platform, will hold its virtual Investor Day on November 18, 2021, at 1:00 p.m. ET. The event will feature presentations by Founder & CEO Anthony Casalena, CFO Marcela Martin, and Alfonso Cobo, Head of Unfold, focusing on the company’s long-term growth drivers. A live Q&A session will follow. Interested parties can register on Squarespace's Investor Relations site. The event will be available for replay thereafter.

Squarespace, Inc. (NYSE: SQSP) will report its third-quarter financial results on November 8, 2021, after market close. A conference call will follow at 4:30 PM ET on the same day to discuss the results. This announcement marks an important upcoming event for the company as investors await insights into its performance. Additionally, Squarespace plans to host its first Investor Day on November 18, 2021, featuring presentations from senior leadership.