HubSpot (HUBS) Stock Surges On Better Than Expected Profit Guidance
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HubSpot Reports Q3 2022 Results
November 2, 2022 4:10 PM EDTCAMBRIDGE, Mass.--(BUSINESS WIRE)-- HubSpot, Inc. (NYSE: HUBS), the customer relationship management (CRM) platform for scaling companies, today announced financial results for the third quarter ended September 30, 2022.
Financial Highlights:
Revenue
Total revenue was $444.0 million, up 31% compared to Q3'21. Subscription revenue was $435.0 million, up 32% compared to Q3'21. Professional services and other revenue was $8.9 million, down 13% compared to Q3'21.Operating Income (Loss)
GAAP operating margin was (7.3%), compared to (4.4%) in... More