Why HubSpot Inc. Stock Jumped 14.6% in September

Shares of HubSpot Inc. (NYSE: HUBS) climbed 14.6% in September, according to data from S&P Global Market Intelligence, after the marketing and sales software specialist held its analyst day and increased its third-quarter guidance.

The bulk of HubSpot's gains came on Sept. 27; that was the first trading day after the company told analysts to expect revenue for its fiscal third quarter to be in the range of $95.9 million to $96.9 million. On the bottom line, that should result in an adjusted net loss per share of $0.04 to $0.02.

By comparison, HubSpot's previous guidance called for revenue of $92.8 million to $93.8 million, and a wider adjusted net loss per share of $0.10 to $0.08.

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Source: Fool.com