CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — HubSpot Inc. (HUBS) on Wednesday reported a loss of $14.4 million in its second quarter.
The Cambridge, Massachusetts-based company said it had a loss of 28 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.94 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.63 per share.
The cloud-based marketing and sales software platform posted revenue of $637.2 million in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $618.8 million.
For the current quarter ending in September, HubSpot expects its per-share earnings to range from $1.89 to $1.91.
The company said it expects revenue in the range of $646 million to $647 million for the fiscal third quarter.
HubSpot expects full-year earnings in the range of $7.64 to $7.70 per share, with revenue expected to be $2.57 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUBS at https://www.zacks.com/ap/HUBS
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