HubSpot, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year Ending December 31, 2022
November 03, 2022 at 01:40 am IST
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HubSpot, Inc. provided financial guidance for the fourth quarter and full year ending December 31, 2022. For the fourth quarter, the company's total revenue is expected to be in the range of $444 million to $446 million. GAAP operating loss expected to be in the range of $36,974,000 to $34,974,000. GAAP net loss expected to be in the range of $34,037,000 to $32,787,000. GAAP net loss per basic and diluted share expected to be in the range of $0.70 to $0.67.
For the full year, the company's total revenue is expected to be in the range of $1.705 billion to $1.707 billion. GAAP operating loss expected to be in the range of $129,363,000 to $127,363,000. GAAP net loss expected to be in the range of $127,797,000 to $126,547,000. GAAP net loss per basic and diluted share expected to be in the range of $2.66 to $2.63.
HubSpot, Inc. provides a customer platform that helps businesses connect and grow. The Company delivers seamless connection for customer-facing teams with a unified platform that includes artificial intelligence (AI)-powered engagement hubs, a smart customer relationship management product (CRM), and a connected ecosystem with over 1,500 app marketplace integrations, a community network, and educational content. Its engagement hubs include Marketing Hub, Sales Hub, Service Hub, Operations Hub, content management system (CMS) Hub and Commerce Hub, that enable companies to attract, engage, and delight customers throughout the customer lifecycle. The Smart CRM is the foundational layer that combines customer data with AI to power the entire customer platform with unified customer profiles and tools to manage and govern team and business processes. It focuses on selling to mid-market business-to-business (B2B) companies. The Company sells its customer platform on a subscription basis.
HUBSPOT, INC. 
