Free Research Report as HubSpot’s Quarterly Earnings Surpassed Analysts’ Estimates

Stock Monitor: Opiant Pharma Post Earnings Reporting

LONDON, UK / ACCESSWIRE / March 22, 2018 / Active-Investors.com has just released a free earnings report on HubSpot, Inc. (NYSE: HUBS). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=HUBS. HubSpot reported financial results on February 13, 2018, for the fourth quarter and full year ended December 31, 2017. The Company reported remarkable improvements in total revenues and adjusted earnings in Q4 FY17 as well as FY17. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Opiant Pharmaceuticals, Inc. (NASDAQ: OPNT), which also belongs to the Technology sector as the Company HubSpot. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, HubSpot most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

HubSpot’s total revenues reached $106.54 million, up 39.37% from $76.44 million in Q4 FY16, mainly due to the increase in subscription revenues. The Company’s subscription revenues advanced 40.43% to $101.7 million y-o-y and professional services revenues increased 20.32% to $4.84 million y-o-y in Q4 FY17. The reported total revenue number surpassed analysts’ consensus estimates of $101.6 million.

During Q4 FY17, HubSpot’s total cost of revenues hiked 24.69% to $21.06 million from $16.89 million in Q4 FY16. The Company had a gross profit of $85.49 million in the reported quarter compared to $59.56 million in the year-ago same quarter, reflecting an increase of 43.53%.

HubSpot’s operating expenses jumped 29.36% to $94.92 million in Q4 FY17 from $73.38 million in Q4 FY16. The Company’s research and development (R&D) expenses grew 73.91% to $22.29 million on a y-o-y basis in the quarter under review. HubSpot reported a loss from operations of $9.43 million in Q4 FY17 compared to $13.82 million in Q4 FY16.

HubSpot incurred a net loss of $11.54 million in Q4 FY17 compared to a net loss of $13.83 million in Q4 FY16. The net loss per share was $0.31 for the reported quarter compared to $0.39 in the previous year’s corresponding quarter. For Q4 FY17, the reported income included stock-based compensation expense, amortization of acquired intangibles, acquisition-related expenses, amortization of debt discount and debt issuance costs, and deferred income tax benefit from convertible notes and business combination. Excluding these special items, HubSpot’s non-GAAP net income was $4.64 million for Q4 FY17 compared to the non-GAAP net loss of $4.54 million in Q4 FY16. The Company had a non-GAAP diluted net income per share of $0.12 in Q4 FY17 compared to the non-GAAP diluted net loss per share of $0.13 in Q4 FY16. This surpassed analysts’ consensus estimates of $0.07 per share.

For the year ending December 31, 2017, HubSpot’s total revenues were $375.61 million, an increase of 38.62% from $270.97 million in FY16. The Company’s gross profit advanced 43.41% to $299.88 million on a y-o-y basis in FY17. The Company reported a loss from operations of $40.14 million in the year under review compared to $44.66 million in the previous year. HubSpot incurred a net loss of $39.71 million, or $1.08 per share in FY17, compared to a net loss of $45.56 million, or $1.29 per share, in FY16. Excluding special items, HubSpot had a non-GAAP diluted net income per share of $0.25 in FY17 compared to the non-GAAP diluted net loss per share of $0.36 in FY16.

Cash Matters

HubSpot had cash and cash equivalents of $87.68 million as on December 31, 2017, an increase of 46.86% from $59.7 million as on December 31, 2016.

HubSpot’s cash flow from operating activities was $13.99 million in Q4 FY17, an increase of 515.66% from $2.27 million in Q4 FY16. The Company had a free cash flow of $7.04 million in the quarter under review versus a free cash outflow of $1.74 million in the year-ago comparable quarter.

HubSpot issued common stock worth $2.68 million under stock plans in Q4 FY17, 9.76% higher than $2.44 million in Q4 FY16. The Company repaid capital lease obligations of $267 million in the quarter under review, 24.19% up from $215 million in the year-ago corresponding quarter.

HubSpot spent $5.19 million on purchases of property and equipment in the reported quarter compared to $2.44 million in the previous year’s same quarter.

Outlook

For the first quarter of 2018, HubSpot’s total revenue is expected to be in the range of $109.2 million to $110.2 million. The Company expects its non-GAAP operating income to be between $4 million and $5 million and non-GAAP net income per common share to be between $0.10 and $0.12 for Q1 FY18.

For the full year 2018, HubSpot expects revenue to be between $481 million and $485 million. The Company expects its non-GAAP operating income to be in the range of $20.0 million to $24.0 million and non-GAAP net income per common share to be in the range of $0.51 to $0.59 in FY18.

Stock Performance Snapshot

March 21, 2018 – At Wednesday’s closing bell, HubSpot’s stock advanced 1.44%, ending the trading session at $120.10.

Volume traded for the day: 1.05 million shares, which was above the 3-month average volume of 453.67 thousand shares.

Stock performance in the last month – up 10.28%; previous three-month period – up 29.21%; past twelve-month period – up 95.13%; and year-to-date – up 35.86%

After yesterday’s close, HubSpot’s market cap was at $4.51 billion.

Price to Earnings (P/E) ratio was at 506.75.

The stock is part of the Technology sector, categorized under the Application Software industry.

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