CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — HubSpot Inc. (HUBS) on Wednesday reported third-quarter profit of $8.1 million.
The Cambridge, Massachusetts-based company said it had profit of 16 cents per share. Earnings, adjusted for one-time gains and costs, were $2.18 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.89 per share.
The cloud-based marketing and sales software platform posted revenue of $669.7 million in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $646.8 million.
For the current quarter ending in December, HubSpot expects its per-share earnings to range from $2.18 to $2.20.
The company said it expects revenue in the range of $672 million to $674 million for the fiscal fourth quarter.
HubSpot expects full-year earnings in the range of $7.98 to $8 per share, with revenue expected to be $2.6 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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