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Stock impact report

Squarespace Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Squarespace, Inc. Class A (SQSP) 
Company Research Source: Yahoo! Finance
NEW YORK May 7, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced results for the first quarter ended March 31, 2024. "We had a strong start to 2024, with Q1 revenue growing 19% and bookings growing 23%" said Anthony Casalena , Founder & CEO of Squarespace. "We see tremendous opportunity to drive long-term growth and profitability in the business as we broaden our customer funnel through the migration of our new Google Domains customers and leverage the full power of our ecosystem to enable more entrepreneurs to build their online brands and transact with their customers." "In Q1, we delivered revenue and unlevered free cash flow at the high end or above our guidance range, generating strong operating leverage," said Nathan Gooden , CFO of Squarespace. "The primary growth driver in the quarter was our organic business. We are seeing profitable growth at scale with our growing c Show less Read more
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