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0 0 0 0 0.00177935943060498 0.00533807829181495 8.89679715303705E-05 -0.00775800711743775
Stock impact report

Q1 Sales Software Earnings: HubSpot (NYSE:HUBS) Earns Top Marks [Yahoo! Finance]

HubSpot, Inc. (HUBS) 
Last hubspot, inc. earnings: 2/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hubspot.com
Company Research Source: Yahoo! Finance
Companies need to be able to interact with and sell to their customers as efficiently as possible. This reality coupled with the ongoing migration of enterprises to the cloud drives demand for cloud-based customer relationship management (CRM) software that integrates data analytics with sales and marketing functions. The 4 sales software stocks we track reported a weak Q1; on average, revenues beat analyst consensus estimates by 1.1%. while next quarter's revenue guidance was 1.5% below consensus. Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. But the beginning of 2024 has seen more volatile stock performance due to mixed inflation data, and sales software stocks have had a rough stretch, with share prices down 19.3% on average since the previous earnings results. Best Q1: HubSpot (NYSE:HUBS) Started in 2006 by two MIT grad students, HubSpot (NYSE:HUBS) is a software-as-a-service platform that he Show less Read more
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