Hubspot Inc Stock Price, News & Analysis

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.

HubSpot announced a new IDC White Paper, "The HubSpot Ecosystem: Nearly $19 Billion in New Opportunity Ahead," highlighting its partners' role in supporting companies transitioning to a digital-first landscape. The report forecasts HubSpot's partner ecosystem revenue to grow from $4.8 billion in 2020 to $12.5 billion by 2024, totaling an additional $18.8 billion in four years. The paper emphasizes HubSpot's ability to streamline operations through effective integrations and advanced service offerings, positioning it favorably for future growth.

HubSpot announced that CEO Brian Halligan was injured in a snowmobile accident and will take time off to recover. Halligan is expected to make a full recovery. In his absence, Chief Customer Officer Yamini Rangan will handle daily operations. Board Member Lorrie Norrington expressed confidence in the management team, assuring stakeholders of continued organizational growth during Halligan's recuperation. HubSpot, a leading CRM platform, serves over 100,000 customers globally, emphasizing its commitment to fostering a strong corporate culture and supporting its employees and clients.