HubSpot Swings To A Profit, Revenue Beats, Guidance Above Expectations – Investor's Business Daily

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HubSpot (HUBS) late Tuesday reported adjusted fourth-quarter earnings that topped views and forecast March quarter and full-year profit and sales figures that were above consensus views.

HubSpot said adjusted fourth-quarter earnings were 12 cents a share, swinging to a profit from a year ago, with revenue rising 39% to $106.5 million, ahead of estimates. A year earlier, HubSpot reported a loss of 13 cents a share on sales of $76.4 million. Analysts expected HubSpot to report earnings of 7 cents on sales of $102 million for the period ended Dec. 31.

In the March quarter, HubSpot forecast adjusted earnings of 11 cents a share at its mid-point of guidance and revenue of $109.7 million vs. estimates of 7-cent profit and $107 million in revenue.

For 2018, HubSpot said it expects profit of 55 cents a share and revenue of $483 million, topping forecasts of 43 cents and $473 million.

Shares in the online-marketing software company climbed 1% to 98 in after-hours trading on the stock market today.