Squarespace Q2 2024 GAAP EPS $0.04 Misses $0.09 Estimate, Sales $296.769M Beat $293.134M Estimate
Portfolio Pulse from Benzinga Newsdesk
Squarespace reported its Q2 2024 earnings with a GAAP EPS of $0.04, missing the estimate of $0.09. However, the company beat sales estimates, reporting $296.769 million compared to the expected $293.134 million.
August 02, 2024 | 11:09 am
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Squarespace's Q2 2024 earnings report showed a mixed performance with a GAAP EPS of $0.04 missing the $0.09 estimate, but sales of $296.769 million beating the $293.134 million estimate.
The mixed earnings report for Squarespace, with an EPS miss but a sales beat, is likely to result in a neutral short-term impact on the stock price. Investors may weigh the positive sales performance against the EPS miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100