Web presence company reports strong growth in Q3.

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Squarespace (NYSE:SQSP) reported Q3 earnings after the market closed yesterday.

The website platform reported $201.0 million in revenue, up 24% year over year. That’s down from 31% growth in Q2, although the third quarter last year was a high benchmark for web presence services given the rush online as the pandemic began.

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Squarespace reports that it now has 4.0 million unique subscriptions, up from 3.9 million last quarter. This doesn’t represent the total number of sites; customers with a standalone scheduling subscription, social service, or hospitality account are included in the numbers even if they don’t have a website.

Both net income and Squarespace’s adjusted EBITDA numbers were down year over year.

Looking forward to Q4, Squarespace expects $203 to $206 million, bringing its yearly total to $780-$783 million.

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Shares were up in after-hours trading.

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