20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
- Squarespace, Inc (NYSE:SQSP) reported second-quarter FY22 revenue growth of 9% year-on-year to $212.7 million, beating the consensus of $212 million.
- The commerce revenue rose 13% Y/Y to $66.2 million.
- Annual run rate revenue rose 8% Y/Y to $837.8 million.
- Unique subscriptions increased 6% Y/Y to 4.2 million.
- The average revenue per unique subscription rose 6% Y/Y to $204.
- EPS of $0.45 beat the consensus of $0.15.
- Squarespace generated $36.4 million in operating cash flow and held $215.1 million in cash and equivalents.
- "Our revenue and unlevered free cash flow results delivered against our plans; without the impact of FX headwinds, we would have exceeded our revenue guidance," CFO Marcela Martin said.
- Outlook: Squarespace sees Q3 revenue of $213 million - $218 million, below the consensus of $221.9 million.
- Squarespace cut the FY22 revenue guidance from $867 million - $879 million to $857 million - $867 million, below the consensus of $874.2 million.
- Price Action: SQSP shares traded lower by 13.24% at $17.30 in the premarket on the last check Monday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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