Squarespace Q1 revenue up 19% to $281.1M, raises FY24 revenue guidance to 19% growth

Squarespace, Inc.

2024-Q1 EPS reported $0.00 revenue$281,148,000

Revenue $281.1M (+19% YoY); bookings $325.9M (+23%). Net income $0.1M, EPS $0.00.
FY24 revenue growth guidance raised to 19%; driven by organic strength and Google Domains migration.
Presence revenue $200.9M (+22%), Commerce $80.3M (+11%); unique subscriptions up 15% to 4.9M.
Unlevered FCF $89.3M (32% of rev), +33% YoY; Adj. EBITDA $32.0M vs $30.9M.
ARPUS $226.63 (+7% YoY); ARRR $1,117.7M (+19%).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

Squarespace, Inc. reported first quarter ended March 31, 2024 results: revenue $281.1 million, net income $0.1 million, EPS $0.00. Guidance raised.

Period: first quarter ended March 31, 2024
Revenue: $281.1 million
Net income: $0.1 million
EPS: $0.00
Guidance: raised
Result: reported results

Exact text from the filing

globally. We raise our FY24 guidance today based on the strength we see in the business.” First Quarter 2024 Financial Highlights • Total revenue grew 19% year over year to $281.1 million in the first quarter, compared with $237.0 million in the first quarter of 2023, and 18% in constant currency. ◦ Presence revenue grew 22% year over year to $200.9 million and

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Source: SEC EDGAR

accession 0001496963-24-000029

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