Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Squarespace Sees FY23 Revenue $955M-970M vs $949.40M Est

For the full fiscal year 2023, Squarespace currently expects: Revenue of $955 million to $970 million, or year-over-year growth of 10% to 12%. Non-GAAP unlevered free cash flow
byBenzinga Newsdesk
March 7, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0

For the full fiscal year 2023, Squarespace currently expects:

  • Revenue of $955 million to $970 million, or year-over-year growth of 10% to 12%.
  • Non-GAAP unlevered free cash flow of $183 million to $198 million, which represents a margin of 20% and year-over-year growth of 15% at the midpoint. This is the result of:
    • Cash flow from operating activities of $169 million to $182 million, minus
    • Capital expenditures, expected in the range of $7 million to $9 million; plus
    • Cash paid for interest expense net of associated tax benefit, expected to be approximately $23 million.

 

 

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Trump’s Defiance, Fed Faces Destructive Blame, Tesla’s Growing Autopilot Issues And More: 5 Key Stories From The Weekend

By Shanthi Rexaline
June 12, 8:36 AM
With the first-quarter reporting season and the debt ceiling impasse now in the rearview, all eyes are now on the June meeting of the Federal Open Market Committee, the policy-setting arm of the central bank. The past two days also witnessed a bloodbath in the cryptocurrency market. Here's a recap of a few major headlines you may have missed over the weekend:

AAPL