secwatch.observer — SEC 8-K summary
======================================

Issuer:     HUBSPOT INC (HUBS)
CIK:        0001404655
Form:       8-K
Filed at:   2021-08-04T23:59:59+00:00
Accession:  0000950170-21-000794
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1404655/000095017021000794/0000950170-21-000794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1404655/000095017021000794/hubs-20210804.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-000794

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer