CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — HubSpot Inc. (HUBS) on Wednesday reported fourth-quarter net income of $4.9 million.
On a per-share basis, the Cambridge, Massachusetts-based company said it had net income of 9 cents. Earnings, adjusted for one-time gains and costs, came to $2.32 per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.19 per share.
The cloud-based marketing and sales software platform posted revenue of $703.2 million in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $673.7 million.
For the current quarter ending in March, HubSpot expects its per-share earnings to range from $1.74 to $1.76.
The company said it expects revenue in the range of $697 million to $699 million for the fiscal first quarter.
HubSpot expects full-year earnings in the range of $9.11 to $9.19 per share, with revenue ranging from $2.99 billion to $3 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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