Published on 8 May 2024 on Simply Wall St. via Yahoo Finance

Analysts Expect Squarespace, Inc. (NYSE:SQSP) To Breakeven Soon

Squarespace, Inc. (NYSE:SQSP) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Squarespace, Inc. operates platform for businesses and independent creators to build online presence, grow their brands, and manage their businesses across the internet in the United States and internationally. The US$5.1b market-cap company posted a loss in its most recent financial year of US$7.1m and a latest trailing-twelve-month loss of US$7.4m leading to an even wider gap between loss and breakeven. Many investors are wondering about the rate at which Squarespace will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.

See our latest analysis for Squarespace