Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why HubSpot Stock Jumped on Friday

TheMotleyFool

0 0

Shares of HubSpot (NYSE: HUBS) were sharply higher on Friday, surging as much as 11.5% even as the major market indexes slumped. As of 1:52 p.m. ET, the stock was still up 3.7%.

The catalyst that sent the cloud-based customer relationship management (CRM) specialist higher was its quarterly earnings report, which was far better than expected.

For the fourth quarter, HubSpot generated revenue of $369.3 million, which climbed 47% year over year. This resulted in adjusted earnings per share (EPS) of $0.63, an increase of 43%.

Source Fool.com

Like: 0

HUBS

Share