Squarespace Boosts FY23 Revenue Outlook From $969M-$981M To $987M-$995M; Consensus $980.24M
Portfolio Pulse from Benzinga Newsdesk
Squarespace has increased its FY23 revenue outlook from $969M-$981M to $987M-$995M, surpassing the consensus estimate of $980.24M.
August 08, 2023 | 12:40 pm
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POSITIVE IMPACT
Squarespace's raised FY23 revenue outlook could positively impact its stock price in the short term.
Squarespace's raised revenue outlook for FY23, which surpasses the consensus estimate, indicates strong future performance. This could increase investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100