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HubSpot(HUBS) - 2024 Q3 - Quarterly Results
2024-11-06 21:16
Exhibit 99.1 HubSpot Reports Q3 2024 Results CAMBRIDGE, MA (November 6, 2024) — HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling companies, today announced financial results for the third quarter ended September 30, 2024. Financial Highlights: Revenue ● Total revenue was $669.7 million, up 20% compared to Q3'23. o Subscription revenue was $654.7 million, up 20% compared to Q3'23. o Professional services and other revenue was $15.0 million, up 28% compared to Q3'23. Operating Income (Loss) ● GAA ...
Countdown to HubSpot (HUBS) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-11-01 14:20
Wall Street analysts forecast that HubSpot (HUBS) will report quarterly earnings of $1.89 per share in its upcoming release, pointing to a year-over-year increase of 18.9%. It is anticipated that revenues will amount to $646.81 million, exhibiting an increase of 16% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...
HubSpot To Gain Market Share With AI Innovations and Strong Retention, Bullish Analyst Says
Benzinga· 2024-09-19 18:48
Piper Sandler analyst Brent Bracelin maintained an Overweight rating on HubSpot Inc HUBS with a $570 price target. Bracelin expects HubSpot to gain market share due to its highly efficient GTM effort combined with organic product development, which results in customer satisfaction and structurally higher gross dollar retention in the high 80s. The analyst noted that the company is increasing, expanding at three times the market's 11% rate over the last four years, yet its share is still a tiny 4%. Also Read ...
Why Is HubSpot (HUBS) Up 5.8% Since Last Earnings Report?
ZACKS· 2024-09-06 16:37
A month has gone by since the last earnings report for HubSpot (HUBS) . Shares have added about 5.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is HubSpot due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. HubSpot Q2 Earnings Beat Estimates, Top Line Surges Y/Y HubS ...
HubSpot (HUBS) Just Reclaimed the 50-Day Moving Average
ZACKS· 2024-09-06 14:30
From a technical perspective, HubSpot (HUBS) is looking like an interesting pick, as it just reached a key level of support. HUBS recently overtook the 50-day moving average, and this suggests a short-term bullish trend. The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend. Shares of HUBS have bee ...
HubSpot Is Approaching Closer To A Buy Point, But Beware Decelerating Revenue
Seeking Alpha· 2024-08-26 04:00
Wirestock Despite the broad market recovery that has taken place over the past several weeks on hopes of sharp rate cuts this September, a number of tech stocks still remain well off YTD highs and are down for the year: including HubSpot (NYSE:HUBS), which cratered in early July on news that Alphabet (GOOG) had abandoned its takeover pursuit. Shares of HubSpot have now dramatically underperformed the S&P 500 as well as peer tech stocks, now down nearly 10% year to date: VAL 503.07 HubSpot Inc (HUBS) Price 6 ...
HubSpot (HUBS) Q2 Earnings Beat Estimates, Top Line Surges Y/Y
ZACKS· 2024-08-08 14:10
HubSpot, Inc. (HUBS) reported impressive second-quarter 2024 results, with the bottom and the top line beating the respective Zacks Consensus Estimate. The company reported a top-line expansion year over year, backed by growing user engagement across all segments. Integration of advanced AI tools across its product suites and customer platform is driving growth. However, cautious spending decision stemming from an unfavorable macro environment is a headwind. Net Income On a GAAP basis, the company reported ...
Banzai Releases Enhanced Demio HubSpot Integration, Delivering a Seamless Experience
GlobeNewswire News Room· 2024-08-08 12:30
SEATTLE, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, proudly announces a major improvement to the Demio HubSpot integration. This upgrade offers unparalleled flexibility and efficiency in managing webinar data, empowering marketers to streamline their webinar management and marketing efforts, leading to better decision-making and higher ROI. "Demio's newl ...
HubSpot (HUBS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-07 23:30
HubSpot (HUBS) reported $637.23 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 20.4%. EPS of $1.94 for the same period compares to $1.34 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $618.81 million, representing a surprise of +2.98%. The company delivered an EPS surprise of +19.02%, with the consensus EPS estimate being $1.63. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
HubSpot (HUBS) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-07 22:35
HubSpot (HUBS) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 19.02%. A quarter ago, it was expected that this cloudbased marketing and sales software platform would post earnings of $1.49 per share when it actually produced earnings of $1.68, delivering a surprise of 12.75%. Over th ...