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 has announced its App Marketplace has surpassed 1,000 integrations, doubling the previous count of 500 apps within two years. This expansion demonstrates HubSpot's commitment to enhancing its platform ecosystem tailored for growing companies. The marketplace allows businesses to find and connect necessary integrations easily, improving customer experience. An IDC white paper predicts HubSpot's global partner ecosystem will reach $12.5 billion in revenue by 2024, reflecting a significant growth opportunity in the cloud computing sector.
On December 6, 2021, HubSpot announced a $7.5 million investment to support Minority Depository Institutions (MDIs), part of its $20 million social impact commitment. This initiative aims to address the decline of Black-led banks and the resulting racial wealth gap. The investment is directed towards M&F Bank and The Harbor Bank of Maryland through a partnership with J.P. Morgan Asset Management. This continues HubSpot’s dedication to creating economic opportunities for Black communities and reflects ongoing efforts in diversity, inclusion, and community impact.
HubSpot has announced that Dharmesh Shah and Chuck MacGlashing will present virtually at the Raymond James Technology Conference on December 6, 2021, at 11:30 a.m. ET. Investors can access the live webcast through the Company's investor relations website. Additionally, virtual 1-on-1 investor meetings will be held on the same day. HubSpot, a leading CRM platform, supports over 128,000 customers globally by providing tools to grow their businesses. The company is headquartered in Cambridge, Massachusetts.
HubSpot, a leading CRM platform, announced that CEO Yamini Rangan will deliver a keynote at the RBC Technology Conference on November 16, 2021, at 4:40 p.m. ET. The conference will be accessible via a live webcast on the company's investor relations website. HubSpot is recognized for its award-winning culture and serves over 128,000 customers globally, providing tools for marketing, sales, and customer engagement. This participation highlights HubSpot's commitment to sharing industry insights and expertise.
HubSpot reported strong Q3 2021 financial results, with total revenue reaching $339.2 million, a 49% increase year-over-year. Subscription revenue also rose to $329.0 million, up 49% from Q3 2020. Non-GAAP operating income was $32.9 million, and non-GAAP net income was $25.6 million, or $0.54 per share. The company's cash balance stood at $1.3 billion. HubSpot expects Q4 revenue between $356-$358 million and full-year revenue of $1.287-$1.289 billion, reflecting continued growth.
HubSpot has announced that it will release its third quarter 2021 financial results after the market closes on November 3, 2021. A conference call to discuss these results and the company's outlook will follow at 4:30 p.m. ET the same day. HubSpot, a leading CRM platform, offers various tools for marketing, sales, and customer service, catering to over 121,000 customers worldwide. The company aims to assist businesses in growth and customer engagement.
HubSpot announced the launch of a new $100 million fund called the CRM Platform Fund to invest in early- and growth-stage tech companies aligned with its mission to help organizations grow better. This follows the formal launch of HubSpot Ventures in 2018, which had a $30 million initial fund. HubSpot has already made investments in 12 startups this year, focusing on enhancing customer-first B2B software. The fund aims to support companies that deliver unique value and embody HubSpot’s Customer Code.
HubSpot has announced new enterprise-grade features at INBOUND 2021 to enhance its CRM platform. These include advanced customization and reporting capabilities, along with new tools such as HubSpot Payments, custom surveys, and customer portals. The Operations Hub Enterprise, available from November 1, 2021, will introduce a business intelligence feature called datasets for better reporting. Features like the custom behavioral events API and a sandbox environment for testing are also included, aiming to create a more connected and customer-centric CRM experience.
HubSpot announced the launch of HubSpot Payments, an end-to-end payment solution aimed at enhancing the buyer experience at INBOUND 2021. This new feature integrates directly with the HubSpot CRM, enabling businesses to accept payments effortlessly, thus replacing outdated payment methods. The platform offers capabilities like payment links and recurring payments, and it waives fees for the first $50,000 ACH transactions monthly. The solution is currently in beta and available only for U.S. customers. With this launch, HubSpot aims to address the inefficiencies in the B2B payment process, streamlining transactions.
HubSpot (NYSE: HUBS) will host its 2021 Analyst Day on October 12, 2021, starting at 10:25 am Eastern. The event will be webstreamed on analystday.hubspot.com. Key presentations include insights from CEO Yamini Rangan, Co-Founder Brian Halligan, and CFO Kate Bueker. The event aims to engage the investment community, concluding with an executive Q&A session. HubSpot is recognized for its innovative CRM platform and has over 121,000 customers globally.
FAQ
What is the current stock price of HUBSPOT (HUBS)?
What is the market cap of HUBSPOT (HUBS)?
What does HubSpot, Inc. do?
When was HubSpot, Inc. founded?
Where is HubSpot, Inc. headquartered?
How many customers does HubSpot serve?
What is HubSpot's mission?
What is the Growth Platform?
When did HubSpot complete its IPO?
What makes HubSpot's software unique?
How is HubSpot recognized in the industry?
Where can I learn more about HubSpot's job opportunities?
