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The company posted flat Q1 EPS on revenue of $237 million, which compares to the analyst consensus for earnings per share of $0.01 on revenue of $233.03M. Overall, revenue rose 14% year-over-year.
“Squarespace had an outstanding first quarter, delivering double-digit revenue and bookings growth,” said Anthony Casalena, founder & CEO of Squarespace. “Our strong results exemplify the value we provide entrepreneurs looking to grow their businesses online.”
For this quarter, the company sees revenue of $243 million, ahead of the consensus at $238.1M. For FY23, SQSP expects sales of $975M, up from the prior $962.5M. Analysts were looking for $964.5M.
