Brief: Squarespace Announces Fourth Quarter And 2022 Financial Results

Squarespace

07/03/2023 11:34

March 7 (Reuters) - Squarespace Inc  SQSP.N :
    * SQUARESPACE ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022
FINANCIAL RESULTS
    * TOTAL REVENUE GREW 10% YEAR OVER YEAR TO $228.8 MILLION IN
Q4,
COMPARED WITH $207.4 MILLION IN Q4 2021
    * QTRLY LOSS PER SHARE OF $1.72
    * SEES REVENUE OF $232 MILLION TO $234 MILLION, OR
YEAR-OVER-YEAR
GROWTH OF 12% TO 13% FOR Q1
    * SEES Q1 REVENUE OF $232 MILLION TO $234 MILLION
    * SEES CAPITAL EXPENDITURES, EXPECTED TO BE APPROXIMATELY $2
MILLION FOR Q1
    * SEES  FY 2023 REVENUE OF $955 MILLION TO $970 MILLION
    * FOR FULL FISCAL YEAR 2023 EXPECTS CAPITAL EXPENDITURES, IN
RANGE
OF $7 MILLION TO $9 MILLION
    * Q1 REVENUE VIEW $227.3 MILLION -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $949.4 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn8nVVW1a 
Further company coverage:  SQSP.N 

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