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HubSpot Q2 Non-GAAP EPS, Revenue Increase; Lifts Full Year Outlook, Shares Rise
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HubSpot Q2 Non-GAAP EPS, Revenue Increase; Lifts Full Year Outlook, Shares Rise
Aug 7, 2024 1:56 PM

04:32 PM EDT, 08/07/2024 (MT Newswires) -- HubSpot ( HUBS ) reported Q2 non-GAAP earnings Wednesday of $1.94 per diluted share, up from $1.38 a year earlier.

Analysts polled by Capital IQ expected $1.64.

Revenue for the quarter ended June 30 was $637.2 million, up from $529.1 million a year earlier.

Analysts surveyed by Capital IQ expected $619.3 million.

The company said it expects Q3 non-GAAP EPS between $1.89 and $1.91 and revenue between $646 million and $647 million.

Analysts polled by Capital IQ expect $1.90 and $646.7 million.

The company expects full-year 2024 non-GAAP EPS between $7.64 and $7.70 and revenue between $2.567 billion and $2.573 billion.

The previous guidance was non-GAAP EPS between $7.30 and $7.38 and revenue between $2.55 billion and $2.56 billion.

Analysts surveyed by Capital IQ expect normalized EPS of $7.37 on revenue of $2.56 billion.

HubSpot ( HUBS ) shares rose more than 6% in after-hours trading.

Price: 495.99, Change: +35.25, Percent Change: +7.65

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