HubSpot beats by $0.30, beats on revs; guides Q3 EPS in-line, revs in-line; guides FY24 EPS above consensus, revs above consensus (460.74 +10.65)
- Reports Q2 (Jun) earnings of $1.94 per share, excluding non-recurring items, $0.30 better than the FactSet Consensus of $1.64; revenues rose 20.4% year/year to $637.2 mln vs the $619.28 mln FactSet Consensus.
- Grew Customers to 228,054 at June 30, 2024, up 23% from June 30, 2023.
- Co issues in-line guidance for Q3, sees EPS of $1.89-1.91, excluding non-recurring items, vs. $1.89 FactSet Consensus; sees Q3 revs of $646-647 mln vs. $646.48 mln FactSet Consensus.
- Co issues upside guidance for FY24, sees EPS of $7.64-7.70, excluding non-recurring items, vs. $7.35 FactSet Consensus; sees FY24 revs of $2.567-2.573 bln vs. $2.56 bln FactSet Consensus.