HubSpot Q2 revenue up 53% to $310.8M, non-GAAP EPS $0.43; CEO Halligan to Executive Chairman, Rangan named CEO

HUBSPOT INC

2022-Q2 EPS reported -$1.02 revenue$592,153,000

GAAP net loss ($24.6M) or ($0.53) per share; non-GAAP net income $21.6M, $0.43 diluted EPS.
Total customers 121,048 (+40% YoY); average subscription revenue per customer $10,198 (+8%).
Q3 2021 guidance: revenue $325-327M, non-GAAP EPS $0.42-0.44; FY2021 revenue $1.268-1.272B.
Brian Halligan steps to Executive Chairman effective Sept 7; Yamini Rangan (current CCO) becomes CEO and President, also joins Board.
Rangan receives $3.5M in equity (75% RSUs, 25% options) vesting over 16 quarters; base salary $1.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Yamini Rangan

Class III director

HUBS · HUBSPOT INC

Effective: 2021-09-07
Filed: August 4, 2021, 7:59 PM ET

The Board of Directors also approved an increase in the size of the Board of Directors to ten members and in the size of Class III from three to four, and the appointment of Ms. Rangan as a Class III director, in each case effective September 7, 2021.

Appointed

Yamini Rangan

Chief Executive Officer and President

HUBS · HUBSPOT INC

Effective: 2021-09-07
Filed: August 4, 2021, 7:59 PM ET

Yamini Rangan, currently the Company’s Chief Customer Officer, has been appointed by the Board of Directors to serve as the Company’s Chief Executive Officer and President, effective September 7, 2021

Role change

Brian Halligan

Executive Chairman

HUBS · HUBSPOT INC

Effective: 2021-09-07
Successor: Yamini Rangan
Filed: August 4, 2021, 7:59 PM ET

Brian Halligan will transition from his role as Chief Executive Officer and President of the Company and will become Executive Chairman of the Company’s Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Yamini Rangan was appointed as Class III director at HUBSPOT INC.

Action: appointed
Role: Class III director

Exact text from the filing

The Board of Directors also approved an increase in the size of the Board of Directors to ten members and in the size of Class III from three to four, and the appointment of Ms. Rangan as a Class III director, in each case effective September 7, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Yamini Rangan was appointed as Chief Executive Officer and President at HUBSPOT INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

Yamini Rangan, currently the Company’s Chief Customer Officer, has been appointed by the Board of Directors to serve as the Company’s Chief Executive Officer and President, effective September 7, 2021

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Halligan changed role as Executive Chairman at HUBSPOT INC.

Action: transitioned
Role: Executive Chairman

Exact text from the filing

Brian Halligan will transition from his role as Chief Executive Officer and President of the Company and will become Executive Chairman of the Company’s Board of Directors.

View on SEC.gov

HUBSPOT INC filing history →

Source: SEC EDGAR

accession 0000950170-21-000794

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