HubSpot Inc (HUBS) reported quarterly earnings results on Wednesday, May-4-2016. The company said it had a profit of $-0.11 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $-0.17. The company posted revenue of $58.96 million in the period, compared to analysts expectations of $55.34 million. The company’s revenue was up 54.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.18 EPS.
HubSpot Inc opened for trading at $44.74 and hit $47.23 on the upside on Monday, eventually ending the session at $47.22, with a gain of 6.62% or 2.93 points. The heightened volatility saw the trading volume jump to 4,33,218 shares. Company has a market cap of $1,639 M.
In a different news, on Apr 8, 2016, Hunter Madeley (SVP, Global Sales) sold 4,200 shares at $43.21 per share price. According to the SEC, on Apr 7, 2016, Brian Halligan (Chief Executive Officer) sold 20,000 shares at $41.52 per share price. On Mar 8, 2016, Ronald S Gill (director) sold 5,000 shares at $45.00 per share price, according to the Form-4 filing with the securities and exchange commission.
HubSpot Inc. (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications which include social media search engine optimization blogging Website content management marketing automation email CRM analytics and reporting. HubSpot’s platform is a multi-tenant single code-based software-as-a-service delivered through Web browsers or mobile applications. HubSpot offers applications which include Content Optimization System (COS) Search Engine Optimization (SEO) Social Inbox Marketing Automation and Email Sidekick CRM Sync HubSpot CRM and Reporting and Analytics. The Company sells three product plans which include HubSpot Basic HubSpot Pro and HubSpot Enterprise. HubSpot offers professional services and support over the phone and via Web meeting technology.