HubSpot Sees FY24 Revenue $2.567B-$2.573B vs $2.56B Est. , Non-GAAP EPS $7.64-$7.70 vs $7.36 Est.
Portfolio Pulse from Benzinga Newsdesk
HubSpot has released its financial guidance for FY24, projecting revenue between $2.567 billion and $2.573 billion, surpassing the estimated $2.56 billion. Additionally, the company expects non-GAAP EPS to be in the range of $7.64 to $7.70, higher than the estimated $7.36.
August 07, 2024 | 8:09 pm
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POSITIVE IMPACT
HubSpot's FY24 financial guidance exceeds market expectations with projected revenue of $2.567B-$2.573B and non-GAAP EPS of $7.64-$7.70.
HubSpot's higher-than-expected revenue and EPS projections for FY24 are likely to positively impact its stock price in the short term as they indicate strong financial performance and growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100