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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 unveiled major updates at INBOUND 2024, focusing on making its customer platform easy, fast, and unified to drive business growth. Key launches include:
1. Breeze: HubSpot's AI powering the platform, featuring Copilot and four Breeze Agents for various tasks.
2. Breeze Intelligence: Data enrichment and buyer intent solution, enhancing CRM capabilities.
3. Updates to Marketing Hub and Content Hub, providing tools for content creation, lead generation, and analytics.
HubSpot also announced agent.ai, a network for AI agents, allowing users to build and hire agents for complex tasks. The company reports that 89% of customers with a unified platform use it daily, generating 107% more leads and closing 35% more deals.
Amplitude (NASDAQ: AMPL) and HubSpot (NYSE: HUBS) have announced a strategic partnership at INBOUND 2024 to enhance product-led growth for Go To Market (GTM) teams. The collaboration integrates Amplitude's digital analytics with HubSpot's Smart CRM, enabling teams to:
1. Leverage enhanced Lead Scoring with product usage insights
2. Utilize Customer Health Scoring for better expansion timing and churn prevention
3. View Amplitude charts in HubSpot dashboards
4. Target customer cohorts based on product usage
5. Analyze marketing campaign performance with combined data
The partnership aims to provide GTM teams with a unified view of customer behavior, improving lead prioritization, sales conversion, and customer retention. Joint customers like UserGuiding have reported significant boosts in sales conversions and operational efficiency.
HubSpot has announced its upcoming Analyst Day, scheduled for September 18, 2024, in Boston. The event will be held in conjunction with INBOUND 24, running from 9:30 a.m. to 1:00 p.m. Eastern Time. This gathering provides an opportunity for analysts to gain insights into HubSpot's strategies and performance.
For those unable to attend in person, HubSpot will offer a live webcast of the event, accessible at analystday.hubspot.com. An on-demand replay will also be available for later viewing. Additionally, presentation materials from the event will be made available on HubSpot's investor relations website at ir.hubspot.com following the conclusion of Analyst Day.
Similarweb (NYSE: SMWB), a leading digital market intelligence company, has appointed Kipp Bodnar to its Board of Directors, effective September 5, 2024. Bodnar, currently the Chief Marketing Officer at HubSpot (NYSE: HUBS), brings extensive experience in scaling SaaS businesses and driving growth.
Bodnar's expertise aligns with Similarweb's mission to provide unparalleled digital insights. His role at HubSpot, where he sets global marketing strategy and has contributed to exponential growth, is expected to be valuable as Similarweb expands its market leadership and enhances customer value.
This appointment comes as Similarweb continues to expand its offerings, global reach, and accelerate revenue growth and profitability. Bodnar's experience in building successful marketing strategies is anticipated to strengthen Similarweb's strategic direction.
HubSpot (NYSE: HUBS) reported strong Q2 2024 results with total revenue of $637.2 million, up 20% year-over-year. Subscription revenue grew 20% to $623.8 million. The company's non-GAAP operating income increased to $109.3 million, with a margin of 17.2%. Non-GAAP net income reached $103.5 million, or $1.94 per diluted share.
HubSpot's customer base grew 23% to 228,054, although average subscription revenue per customer slightly decreased by 2% to $11,215. The company generated $92.1 million in non-GAAP free cash flow. For Q3 2024, HubSpot expects revenue between $646.0-$647.0 million and non-GAAP operating income of $107.0-$108.0 million. Full-year 2024 guidance projects revenue of $2.567-$2.573 billion and non-GAAP operating income of $437.0-$441.0 million.
HubSpot HUBS, the customer platform for scaling businesses, has announced it will report its second quarter 2024 financial results on Wednesday, August 7, 2024, after the U.S. financial markets close. The company will host a conference call at 4:30 p.m. Eastern Time (ET) on the same day to discuss the financial results, business operations, and outlook.
Investors and analysts can participate in the live call through a pre-registration dial-in link or access the webcast through HubSpot's Investor Relations website. For those unable to attend the live event, a replay will be available with domestic and international dial-in numbers provided. An archived webcast of the conference call will also be accessible on HubSpot's Investor Relations website at ir.hubspot.com.
HubSpot has announced the star-studded lineup for INBOUND 2024, featuring Serena Williams, Ryan Reynolds, and Kara Swisher as headliners. The event will take place from September 18-20 in Boston, bringing together leaders from startups and Fortune 500 companies.
Notable speakers include Josh D’Amaro from Disney and Michelle Peluso from CVS Health. HubSpot will also host the 'Million Dollar Pitch' competition and expand AI-focused sessions.
Additional highlights include a full Partner Day for app and solutions partners, as well as diverse community spaces for professional engagement.
The event promises valuable insights for business leaders, entrepreneurs, marketers, and developers.
HubSpot, Inc. (NYSE: HUBS) reported solid financial results for Q1 2024, with total revenue reaching $617.4 million, up 23% YoY. The company saw a GAAP net income of $5.9 million, compared to a loss in Q1'23. Operating margins improved, and the customer base grew by 22%.
HubSpot's CEO highlighted the company's innovation pace and position as a standard in the industry. The business outlook for Q2 2024 and full year 2024 looks positive, with revenue and operating income expected to increase.
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