Adjusted EPS $1.68 vs. $1.20 y/y, estimate $1.50: The adjusted earnings per share for HubSpot beat the estimated $1.50, standing at $1.68, a significant increase from last year’s $1.20.
Revenue $617.4 million, +23% y/y, estimate $597.6 million: HubSpot’s revenue had a notable 23% year on year growth to $617.4 million, surpassing the estimated revenue of $597.6 million.
Subscription revenue $603.8 million, +23% y/y, estimate $585.2 million: The subscription revenue also increased by 23% year on year to $603.8 million, exceeding the prediction of $585.2 million.
Professional services and other revenue $13.6 million, +15% y/y, estimate $12 million: The professional services and other revenue hit $13.6 million, a 15% increase from the previous year, and surpassed the estimated $12 million.
25 buys, 4 holds, 1 sell: The company’s stock performance was robust with 25 buys, 4 holds and only 1 sell.
Hubspot Inc on Smartkarma
Independent analysts on Smartkarma, such as Baptista Research, are closely following HubSpot Inc, a prominent software company. In a recent report titled “HubSpot Inc: Are They Successfully Implementing AI In Their Operations? – Major Drivers,” HubSpot provided a positive update on its financial performance. They reported a solid 21% year-on-year revenue growth in constant currency for Q4 2023, with a 25% growth for the full year. This signals a strong performance and strategic direction for the company.
Another report by Baptista Research, “HubSpot Inc.: Can The Clearbit Acquisition Help Further Their B2b Market Intelligence Game? – Major Drivers,” underscores HubSpot’s exceeding of revenue and earnings expectations. The company achieved a notable 24% year-over-year revenue growth in constant currency, with a focus on enhancing B2B market intelligence. Noteworthy strategies include net customer additions and the integration of AI throughout their operations, as evidenced by the introduction of HubSpot AI. These insights showcase HubSpot’s growth potential and commitment to innovation in the software industry.
A look at Hubspot Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, HubSpot Inc seems to have a positive long-term outlook. With a score of 3 for Growth, the company appears to have strong potential for expanding its business operations. Additionally, HubSpot Inc receives a high score of 4 for Resilience and Momentum, indicating its ability to weather uncertainties and maintain growth momentum in the market.
However, it is important to note that the company scores lower on the Value and Dividend factors, with scores of 2 and 1, respectively. This suggests that investors looking for value or dividend income may not find HubSpot Inc as attractive in those aspects. Overall, HubSpot Inc, a cloud-based marketing and sales software platform, shows promise for growth and resilience in the long run based on the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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