Squarespace, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 28, 2024 at 06:08 am EST
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Squarespace, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 270.72 million compared to USD 228.81 million a year ago. Net income was USD 5.26 million compared to net loss of USD 233.96 million a year ago.
Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 1.72 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to diluted loss per share from continuing operations of USD 1.72 a year ago.
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.