Welcome to our dedicated page for Hubspot news (Ticker: HUBS), a resource for investors and traders seeking the latest updates and insights on Hubspot stock.
HubSpot, Inc. (symbol: HUBS) is the world’s leading inbound marketing and sales platform, dedicated to transforming the way businesses attract, engage, and delight their customers. Founded in 2006, HubSpot is committed to making the world more inbound, helping companies grow better through its innovative software, services, and support.
Headquartered in Cambridge, Massachusetts, with offices in Dublin, Ireland, and Sydney, Australia, HubSpot serves over 15,000 customers in more than 90 countries. The company's cloud-based platform, known as the Growth Platform, encompasses a suite of tools for marketing, sales, and customer service. These applications can be used individually (a la carte) or combined into a comprehensive package, allowing businesses to tailor the platform to their specific needs.
HubSpot's software stands out for its ease of use, scalability, and effectiveness. It has been recognized by prestigious publications such as Inc., Forbes, and Deloitte as one of the world’s fastest-growing companies. The company's commitment to transparency and autonomy in the workplace has redefined modern corporate culture, making it not only a leader in technology but also in employee satisfaction and engagement.
Since completing its initial public offering in 2014, HubSpot has continued to innovate and expand its offerings. Its mission remains steadfast: to help companies grow better by providing powerful tools for inbound marketing, sales, and customer service. Recent projects and achievements include enhancements to its platform, fostering strategic partnerships, and delivering exceptional customer support.
To learn more about HubSpot's software, visit www.hubspot.com. If you are interested in joining the HubSpot team, check out hubspot.com/jobs.
HubSpot reported its Q2 2021 financial results, revealing a 53% revenue increase to $310.8 million compared to Q2 2020. Subscription revenue rose to $300.4 million, while GAAP operating loss was $16.6 million. Non-GAAP net income reached $21.6 million, marking an improvement year-over-year. The company plans to appoint Yamini Rangan as CEO on September 7, 2021, as Brian Halligan transitions to Executive Chairman. HubSpot estimates Q3 2021 revenue between $325 million and $327 million, and expects full-year revenue of $1,268 million to $1,272 million.
HubSpot has introduced CMS Hub Starter, a new tier of its web content management system designed for scaling companies. This platform enables marketers and developers to create secure, reliable websites while leveraging customer data from HubSpot's CRM. CMS Hub Starter enhances user experience with features like easy website building, robust security, and seamless integration with other HubSpot products. Available for $25 per month, it aims to provide essential tools at accessible prices, making it a game changer for smaller teams.
HubSpot has launched a new business podcast titled The Shake Up, co-hosted by comedian Alexis Gay and venture capitalist Brianne Kimmel, aimed at providing insights for business leaders. The podcast will be a part of the HubSpot Podcast Network and features interviews with executives from disruptive companies. New episodes will be available every Tuesday starting August 3, 2021. HubSpot aims to evolve into a next-generation media company to support scaling businesses, following other strategic initiatives this year, including the acquisition of The Hustle.
HubSpot announced it will release its second quarter 2021 financial results on August 4, 2021, after U.S. market close. A conference call will follow the release at 4:30 p.m. ET to discuss these results and future outlook. Participants can register via provided links. HubSpot, a leading CRM platform, serves nearly 114,000 customers globally with tools for marketing, sales, and customer service, catering to companies of all sizes.
HubSpot has announced the upcoming World Certification Week, scheduled from August 2 to August 6, 2021. This global virtual event encourages professionals to gain certifications from HubSpot Academy, with the company donating $5 for each certification awarded, up to $35,000. Donations will support Teach For All and the GO Foundation for global education initiatives. The event features live preparation sessions starting July 19, promoting skill enhancement and supporting educational equity.
On May 26, 2021, HubSpot (NYSE: HUBS) announced a virtual presentation scheduled for June 9, 2021, at 11:20 a.m. ET during the Stifel Cross Sector Insight Conference. Chief Financial Officer Kate Bueker and Head of Corporate Treasury Chuck MacGlashing will represent the company. Interested parties can access the live webcast on HubSpot's investor relations website. Additionally, the company will host virtual 1-on-1 investor meetings on the same day. HubSpot, recognized as a top workplace, serves nearly 114,000 customers in over 120 countries.
HubSpot announced that its Chief Financial Officer, Kate Bueker, and Head of Corporate Treasury and Investor Relations, Chuck MacGlashing, will present virtually at the J.P. Morgan Technology Conference on May 25, 2021, at 11:00 a.m. ET. Interested parties can access the live webcast through the investor relations website. Furthermore, the company will conduct virtual 1-on-1 investor meetings on the same day. HubSpot, a leading CRM platform, serves approximately 114,000 customers globally.
HubSpot reported a strong Q1 2021 with total revenue of $281.4 million, up 41% year-over-year. Subscription revenue also rose to $270.3 million, while professional services revenue increased 43% to $11.1 million. However, GAAP net loss widened to $23.2 million from $17.7 million in Q1 2020. The company generated $72.5 million in operating cash flow and had a cash balance of $1,286 million. HubSpot expects Q2 2021 revenue between $293 million and $297 million and full-year revenue of $1,237 million to $1,247 million.
HubSpot has scheduled its first quarter 2021 financial results announcement for May 5, 2021, after the U.S. markets close. The company will host a conference call at 4:30 p.m. ET on the same day to discuss the results and its business outlook. Interested participants can register via the provided link. HubSpot serves over 100,000 customers globally with a CRM platform that aids in growth through marketing, sales, and customer service tools.
HubSpot unveils the Operations Hub, enhancing its CRM platform to empower operations professionals and unify customer data. Designed for scalability, this tool automates tedious tasks, fosters collaboration among teams, and aligns them around a single source of truth. Operations Hub includes sophisticated data sync capabilities and customizable workflows, enabling firms to adapt their processes according to customer needs. Available in multiple tiers, this addition positions HubSpot as a leader in customer experience management, aiming to eliminate operational silos.
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