HubSpot (HUBS) Tops Q3 EPS by 22c; Guides Higher
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HubSpot (HUBS) Stock Surges On Better Than Expected Profit Guidance
November 3, 2022 11:17 AM EDTHubSpot (NYSE: HUBS) jumped 13% in early Thursday trading on the back of its fiscal third-quarter earnings release, which saw it top profit, revenue, and guidance expectations.
The software firm posted third-quarter earnings of $0.73 per share, $0.22 above the analyst estimate of $0.51, while revenue for the quarter came in at $444 million versus the consensus estimate of $425.71 million.
The company's total revenue increased 31% year-over-year, with subscription revenue coming in at $435 million, up 32% and
professional services and other revenue at $8.9 million, down 13%.
Furthermore, customers hit 158,905 on September 30,... More
