HubSpot stock up 14.5% post earnings report, beats estimates and raises guidance

From Nasdaq: 2024-12-06 11:31:18

HubSpot’s stock has risen 14.5% since its last earnings report, outperforming the S&P 500. The company reported impressive third-quarter results, beating estimates with revenues of $669.7 million. HubSpot added 10,000 net new customers, bringing the total count to 238,128. The company raised its guidance for 2024, projecting revenues between $2.597 and $2.599 billion.

Meta Platforms, another player in the Internet – Software industry, reported revenues of $40.59 billion in the last quarter, with an EPS of $6.03. The stock has gained 2.9% in the past month and is expected to post earnings of $6.76 per share for the current quarter. Meta Platforms has a Zacks Rank #2 (Buy) and a VGM Score of B.

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Read more at Nasdaq: HubSpot (HUBS) Up 14.5% Since Last Earnings Report: Can It Continue?