3 Important Takeaways From HubSpot's Blockbuster Quarter
Expectations were high going into HubSpot's (NYSE: HUBS) second-quarter financial report last week. The inbound-marketing software specialist delivered results that easily surpassed investor expectations and the company forecast, sending the stock soaring more than 13% on the day following the company's earnings.
HubSpot reported revenue of $163.3 million, a gain of 33% year over year -- and up 36% in constant currency -- sailing past analysts' consensus estimates of $157 million and management's guidance range, which topped out at $157.5 million. The bottom-line results were similarly robust, with adjusted earnings per share of $0.37, more than double the $0.18 it generated in the prior-year quarter and well beyond the $0.24 to $0.25 range predicted by management. HubSpot also raised its full-year guidance on the strength of its quarter.
HubSpot's management provided a wealth of valuable information to shareholders on the conference call to discuss the results. Here are three important takeaways from that call.
Source Fool.com
