HubSpot Q2 Adj $1.34 Beats $0.99 Estimate, Sales $529.14M Beat $505.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
HubSpot (NYSE:HUBS) reported Q2 earnings of $1.34 per share, beating the analyst consensus estimate of $0.99 by 35.35%. This is a 204.55% increase from the same period last year. The company also reported quarterly sales of $529.14 million, beating the analyst consensus estimate of $505.30 million by 4.72%. This is a 25.45% increase from the same period last year.
August 04, 2023 | 12:14 pm
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POSITIVE IMPACT
HubSpot's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance.
HubSpot's Q2 earnings and sales significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100