Categories Earnings, Technology

HubSpot, Inc. (NYSE: HUBS): Q3 2019 Earnings Snapshot

— 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.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

What to look for when Hormel Foods (HRL) reports Q4 2023 earnings

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

Kroger set to report Q3 results. Here’s everything you need to know

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

Earnings Preview: Salesforce will likely deliver another strong quarter

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

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top