07:09 AM EDT, 05/07/2024 (MT Newswires) -- Squarespace ( SQSP ) reported breakeven Q1 earnings Tuesday, the same as a year earlier.

Analysts polled by Capital IQ expected a loss of $0.07 per diluted share.

Revenue for the quarter ended March 31 was $281.1 million, up from $237 million a year earlier.

Analysts surveyed by Capital IQ expected $276.3 million.

The website building and hosting company said it expects Q2 revenue of $291 million to $294 million. Analysts surveyed by Capital IQ expect $289.5 million.

The company said it now expects 2024 revenue of $1.19 billion to $1.21 billion. That compares with its previous guidance of $1.17 billion to $1.19 billion. Analysts surveyed by Capital IQ expect $1.18 billion.