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  4. Squarespace Surges After Raising Q1 Guidance
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Squarespace Surges After Raising Q1 Guidance

By Sam Boughedda AiVIF.com -- Squarespace Inc (NYSE:SQSP) announced its first-quarter financial results on Thursday, sending its share price 42.17% higher. Total revenue grew...
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Squarespace Surges After Raising Q1 Guidance 

By Sam Boughedda

AiVIF.com -- Squarespace Inc (NYSE:SQSP) announced its first-quarter financial results on Thursday, sending its share price 42.17% higher.

Total revenue grew 16% year-over-year to a record $207.76 million and beat analysts' estimates of $204.71 million. Squarespace stated it achieved record revenue as its global customer base continued to grow and new use cases evolved.

Furthermore, the company reported a loss per share of $0.67, falling below forecasts of $0.03. The company's loss was primarily due to marketing expenses, headcount in research & product development, and investments in Tock. Meanwhile, unique subscriptions grew 10% year-over-year to 4.2 million.

"Our Q1 results mark another strong quarter of growth," said Anthony Casalena, Founder & CEO of Squarespace. "We remain committed to maintaining our unique combination of growth alongside profitability as we continue through 2022."

The website building host also authorized a share repurchase program of up to $200 million. 

However, the company's share price was boosted by its guidance increase. Squarespace sees 2022 revenue between $867 million and $879 million, up from its previous $862 million to $878 million outlook. Second-quarter revenue is expected to be between $208 million to $213 million.

"Revenue and unlevered free cash flow exceeded our guidance in the first quarter as we attracted new subscriptions and delivered additional capabilities to our customer base," said Marcela Martin, CFO of Squarespace. "We are pleased to be raising our full-year guidance for both revenue and unlevered free cash flow."

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

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EUR/USD

1.0658

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GBP/USD

1.2475

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USD/JPY

157.91

+0.12 (+0.07%)

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AUD/USD

0.6469

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Neutral

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USD/CAD

1.3780

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EUR/JPY

168.32

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EUR/CHF

0.9808

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Gold Futures

2,295.80

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Adidas AG

226.40

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,285.72 -47.5 -2.04%
Live 24 hour Gold Chart
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Sản phẩm Vùng 1 Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
DO 0,001S-V21.32021.740
Dầu hỏa 2-K20.68021.090
ↂ Giá dầu thô thế giới
WTI $80.83 +3.39 0.04%
Brent $85.50 +3.86 0.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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