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HubSpot: Q2 Earnings Snapshot
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CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — HubSpot Inc. (HUBS) on Wednesday reported second-quarter net income of $43.3 million.

The Cambridge, Massachusetts-based company said it had net income of 86 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were $3.26 per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.02 per share.

The cloud-based marketing and sales software platform posted revenue of $911.7 million in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $897.8 million.

For the current quarter ending in September, HubSpot expects its per-share earnings to range from $3.25 to $3.27.

The company said it expects revenue in the range of $924 million to $925 million for the fiscal third quarter.

HubSpot expects full-year earnings in the range of $13.23 to $13.31 per share, with revenue ranging from $3.68 billion to $3.69 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUBS at https://www.zacks.com/ap/HUBS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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