Squarespace, Inc. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year of 2021
August 09, 2021 at 04:15 pm EDT
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Squarespace, Inc. provided earnings guidance for the third quarter and full fiscal year of 2021. For the third quarter of fiscal year 2021, the company currently expects Revenue of $193 million to $198 million, representing year-over-year growth of 19% to 22%.
For the full fiscal year 2021, the company currently expects Revenue of $772 million to $780 million, representing year-over-year growth of 24% to 26%.
Squarespace, Inc. provides a design-driven platform helping entrepreneurs build brands and businesses online. The Company enables its users in more than 200 countries and territories with all the tools they need to create an online presence, build an audience, monetize, and scale their business. Its suite of products ranges from Websites, domains, e-commerce, and marketing tools, as well as tools for scheduling with Acuity, creating and managing social media presence with Bio Sites and Unfold, and hospitality business management via Tock. It provides tools for customers to transact in the ways that work for their businesses, including scheduling, digital content and hospitality functionality for service sellers and tailored products for physical goods sellers. It provides customers with tools to help them grow their businesses through data insights and marketing amplification. Its customers represent a range of industries and sizes, ranging from sole proprietors to large enterprises.