earnings
confidence high
sentiment positive
materiality 0.78
HubSpot Q2 revenue up 20% to $637M; GAAP net loss narrows to $0.28/share
HUBSPOT INC
2024-Q2 EPS reported
-$0.17
revenue$1,254,644,000
- Revenue $637.2M (+20% YoY); subscription revenue $623.8M (+20%).
- GAAP net loss ($14.4M) or ($0.28)/share vs ($111.8M) or ($2.25)/share in Q2'23.
- Non-GAAP net income $103.5M, $1.94 diluted EPS; non-GAAP operating margin 17.2% vs 14.5%.
- Customers 228,054 (+23% YoY); avg subscription revenue per customer $11,215 (-2%).
- Q3 guidance: revenue $646-647M, non-GAAP EPS $1.89-1.91; FY2024 revenue $2.567-2.573B.