— 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.
Most Popular
MU Earnings: Micron’s Q4 profit declines but beats estimates
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
What are Philip Morris’ (PM) anticipations for the near term?
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
Key highlights from CarMax (KMX) Q2 2023 earnings results
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,
