HubSpot (HUBS) beats second-quarter earnings and revenue estimates, backed by the expansion of its app ecosystem.
Shares of HubSpot (NYSE: HUBS) rallied today, up 4.8% as of 12:40 p.m. ET, even though the broader technology sector as exemplified in the Nasdaq Composite was down more than 1% at that time. It's earnings season, and HubSpot just posted one of its customary beats relative to analyst expectations. In the second quarter, HubSpot posted 35.7% revenue growth, as well as non-GAAP (adjusted) earnings per share of $0.44, with both figures beating analyst expectations.
With me on the call this afternoon is Yamini Rangan, our chief executive officer, Dharmesh Shah, our co-founder and CTO, and Kate Bueker, our chief financial officer. All statements other than statements of historical fact are forward-looking statements, including those regarding management's expectations of future financial and operational performance and operational expenditures, expected growth and business outlook, including our financial guidance for the third fiscal quarter and full year 2022.