HubSpot Shares Climb On Strong Q2 Results, Forward Guidance
Portfolio Pulse from Erica Kollmann
HubSpot, Inc. (NYSE:HUBS) shares surged after the company reported strong Q2 financial results, beating analyst estimates on both earnings and revenue. The company also provided positive forward guidance for Q3 and the full year.
August 07, 2024 | 8:41 pm
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HubSpot reported Q2 earnings of $2.03 per share, beating estimates by 24.54%, and revenue of $637.2 million, up 20.42% YoY. The company also provided positive forward guidance, leading to a 7.22% increase in share price after-hours.
HubSpot's strong Q2 performance, beating both earnings and revenue estimates, along with positive forward guidance, has led to a significant increase in its share price. The company's consistent growth and innovation are likely to continue driving investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100