— 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
Earnings calendar for the week of March 8
On the heels of lawmakers moving closer to passing the stimulus bill, inflations concerns gripped the market after Federal Reserve chief Jerome Powell at a meeting said the reopening would
Why Costco’s (COST) growth prospects might depend on beating costs, digital lag
Though the retail boom triggered by the pandemic was estimated to be short-lived initially, the shopping spree continued as customers stocked up on essential items, concerned about the persistent market
Gap (GPS) hopes to see a favorable recovery by the second half of 2021
Shares of Gap Inc. (NYSE: GPS) were up 5.8% in afternoon hours on Friday. The stock has gained 103% over the past 12 months. Gap reported mixed results for the
