Investing.com - Squarespace reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Squarespace announced earnings per share of $0.07 on revenue of $217.7M. Analysts polled by Investing.com anticipated EPS of $0.17 on revenue of $215.78M.
Squarespace shares are down 20% from the beginning of the year and are trading at $18.52 , down-from-52-week-high.
Squarespace shares lost 5.75% in pre-market trade the report.
Squarespace follows other major Information Technology sector earnings this month
Squarespace's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar