— Cloud technology company HubSpot, Inc. (NYSE: HUBS) reported adjusted earnings of $0.32 per share for the third quarter of 2019, vs. $0.24 expected.
— On a reported basis, net loss was $15 million or $0.35 per share, compared to $18.7 million or $0.48 per share last year.
— Revenues climbed 32% annually to $173.6 million, vs. $168.8 million expected.
— Subscription revenue was $167.1 million, up 33% compared to the year-ago quarter.
— Professional services and other revenue moved up 3% annually to $6.5 million.
— The number of customers rose 31% to 68,803 in the third quarter; Total average subscription revenue per customer inched up 0.3% to $9,992.
— Expects fourth-quarter revenue in the range of $180.3 million to $181.3 million and adjusted earnings between $0.40 per share and $0.42 per share.
— Expects full-year 2019 revenue between $669 million and $670 million and adjusted earnings in the range of $1.44 per share to $1.46 per share.
— HUBS stock slid about 5% in the after-market trading session.
Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings
The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer
Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative