HubSpot (NYSE: HUBS) reported Q2 EPS of ($0.17), $0.04 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $42.9 million versus the consensus estimate of $40.05 million.
Business Outlook
Based on information available as of August 6, 2015, HubSpot is issuing guidance for the third quarter of 2015 and raising guidance for full year 2015 as indicated below.
Third Quarter 2015:
- Total revenue is expected to be in the range of $44.0 million to $45.0 million.
- Non-GAAP operating loss is expected to in the range of ($11.3) million to ($10.3) million. This excludes stock-based compensation expense of approximately $4.6 million and amortization of acquired intangible assets of approximately $26 thousand.
- Non-GAAP net loss per common share is expected to be in the range of ($0.34) to ($0.32). This excludes stock-based compensation expense of approximately $4.6 million and amortization of acquired intangible assets of approximately $26 thousand. This assumes approximately 33.9 million weighted common shares outstanding.
Full Year 2015:
- Total revenue is expected to be in the range of $171.7 million to $173.7 million.
- Non-GAAP operating loss is expected to in be in the range of ($30.9) million to ($28.9) million. This excludes stock-based compensation expense of approximately $21.5 million and amortization of acquired intangible assets of approximately $96 thousand.
- Non-GAAP net loss per common share is expected to be in the range of ($0.92) to ($0.88). This excludes stock-based compensation expense of approximately $21.5 million and amortization of acquired intangible assets of approximately $96 thousand. This assumes approximately 33.3 million weighted common shares outstanding.
(Street sees Q3 EPS of 35c, revenue of $42.5 million. Street sees FY EPS of $0.97 on revenue of $167.1)
For earnings history and earnings-related data on HubSpot (HUBS) click here.