NEW YORK (AP) — NEW YORK (AP) — Squarespace, Inc. (SQSP) on Wednesday reported fourth-quarter profit of $5.3 million.

On a per-share basis, the New York-based company said it had net income of 4 cents.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share.

The a software company posted revenue of $270.7 million in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $263.8 million.

For the year, the company reported a loss of $7.1 million, or 5 cents per share. Revenue was reported as $1.01 billion.

For the current quarter ending in March, Squarespace said it expects revenue in the range of $274 million to $277 million.

The company expects full-year revenue in the range of $1.17 billion to $1.19 billion.

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