HUBSPOT, INC. - HUBS STOCK NEWS

HubSpot has announced new features aimed at enhancing customer connections during its annual INBOUND event. These updates include customer journey analytics, flexible payments, and improved data management. The release addresses challenges faced by businesses in creating meaningful relationships with customers, especially as B2B buyers engage less with suppliers. HubSpot's CEO emphasized the importance of focusing on customer connection over management. The company also launched connect.com, a community for growth professionals.

HubSpot has partnered with NTWRK for an exclusive fashion drop on September 9, 2022, during the INBOUND 2022 event. Curated by Antoine Gregory of Black Fashion Fair, this collaboration aims to support emerging Black fashion designers. The collection features innovative designs from Antoine Manning and Nicole Zizi, with all proceeds going to the Brooklyn Sewing Academy. HubSpot’s Global Head of Brand Marketing highlighted the importance of purpose-driven businesses. The partnership continues HubSpot’s efforts to foster community growth and accessibility in the fashion industry.

HubSpot (NYSE: HUBS) will host its Analyst Day on September 7, 2022, during INBOUND '22 in Boston. The event will run from 9:45 a.m. to 2:00 p.m. Eastern Time. A live webcast and on-demand replay will be available at analystday.hubspot.com, alongside presentations at ir.hubspot.com. HubSpot, serving over 150,000 customers globally, offers a CRM platform designed to assist companies in scaling through various software and services.

HubSpot (NYSE: HUBS) announced its participation in the Goldman Sachs Technology Conference on September 12, 2022, at 1:00 p.m. ET. CEO Yamini Rangan and VP of Investor Relations Chuck MacGlashing will present at the event in San Francisco. The live webcast will be available on the company's investor relations website. Additionally, HubSpot will conduct one-on-one investor meetings on the same day, providing an opportunity for direct engagement with stakeholders.

HubSpot reported strong Q2 2022 financial results, with total revenue reaching $421.8 million, a 36% increase year-over-year. Subscription revenue climbed 37% to $412.4 million. However, professional services revenue decreased 10%. The GAAP operating loss widened to $52.3 million from $16.6 million in Q2 2021. The company’s cash balance stood at $1.4 billion as of June 30, 2022. HubSpot now projects Q3 revenue between $425 million and $426 million and full-year revenue between $1.690 billion and $1.695 billion.

HubSpot, a CRM platform, will report its second quarter 2022 financial results after U.S. markets close on August 4, 2022. A conference call to discuss these results and the business outlook is scheduled for the same day at 4:30 p.m. ET. HubSpot, serving over 143,000 customers in more than 120 countries, provides a range of tools for marketing, sales, and customer service to help companies grow.

HubSpot announced that its executive team will present at several upcoming financial conferences. These presentations aim to provide insights into the company's business strategy and growth. Specific events include the JP Morgan Technology Conference on May 23, 2022, and the Jefferies Technology Conference on June 1, 2022, with additional participation in the Stifel Cross Sector Insight and Bank of America Technology conferences later in June. Interested parties can access live webcasts and one-on-one investor meetings via HubSpot's investor relations website.

HubSpot (NYSE: HUBS) reported Q1 2022 financial results showing a total revenue of $395.6 million, a 41% increase from Q1 2021. Subscription revenue reached $385.0 million, up 42%. Despite a GAAP operating loss of ($11.2) million, non-GAAP operating income was $35.0 million, a significant rise from the previous year. The company expects Q2 2022 revenue to be between $409.0 million and $410.0 million and full-year revenue to range from $1.722 billion to $1.728 billion. HubSpot's customer base grew to 143,689, marking a 26% increase year-over-year.