secwatch.observer — SEC 8-K summary
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Issuer:     HUBSPOT INC (HUBS)
CIK:        0001404655
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000950170-24-055778
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HubSpot Q1 revenue $617.4M (+23% YoY), GAAP net income positive, guides FY24 rev $2.55-2.56B
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- Q1 revenue $617.4M, up 23% YoY; subscription revenue $603.8M also up 23%.
- GAAP net income $5.9M ($0.12/sh) vs net loss of $36.6M in Q1'23; non-GAAP EPS $1.68 diluted.
- Non-GAAP operating margin expanded to 15.0% from 13.8%; operating cash flow $127.1M.
- Customer count grew 22% to 216,840; average subscription revenue per customer $11,447 (+1%).
- Q2'24 guidance: revenue $617-619M, non-GAAP EPS $1.62-1.64; FY24 rev $2.55-2.56B, EPS $7.30-7.38.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1404655/000095017024055778/0000950170-24-055778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1404655/000095017024055778/hubs-20240508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055778

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