Squarespace Q3 EPS $(0.12) Vs $0.07 YoY, Sales $257.06M Beat $252.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Squarespace reported Q3 earnings per share (EPS) of $(0.12), a decrease from $0.07 year-over-year (YoY). However, the company's sales of $257.06M beat the estimate of $252.01M.
November 07, 2023 | 11:10 am
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Squarespace's Q3 EPS decreased YoY, but sales exceeded estimates.
Squarespace's Q3 earnings report shows a decrease in EPS YoY, which could negatively impact investor sentiment. However, the company's sales beat estimates, which could offset some of the negative impact from the EPS decrease. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100