HubSpot Reports Q1 2016 Results

• Grew total customers to 19,322 at March 31, 2016, up 31% from March 31, 2015.
• Increased average subscription revenue per customer during the first quarter of 2016 to $11,494 from $9,740 in the first quarter of 2015.
• Unveiled HubSpot Sales as well as the official Inbound Sales Methodology and associated Inbound Sales training and certification program.

"Q1 was another solid quarter for HubSpot and we're very pleased with the results," said Brian Halligan, co-founder and CEO. "Between the strong revenue growth and improved operating leverage we continue to show across the business, we see great signs that our marketing and sales products are really resonating with our customers.  We couldn't be more excited about the impact that we're making with both established and new customers around the world."

Business Outlook

Based on information available as of May 4, 2016, HubSpot is issuing guidance for the second quarter of 2016 and raising guidance for full year 2016 as indicated below.

Second Quarter 2016:

• Total revenue is expected to be in the range of $61.0 million to $62.0 million.
• Non-GAAP operating loss is expected to in the range of ($5.8) million to ($4.8) million.  This excludes stock-based compensation expense of approximately $8.3 million and amortization of acquired intangible assets of approximately $20 thousand.
• Non-GAAP net loss per common share is expected to be in the range of ($0.17) to ($0.14).  This excludes stock-based compensation expense of approximately $8.3 million and amortization of acquired intangible assets of approximately $20 thousand.  This assumes approximately 35.0 million weighted common shares outstanding.

Full Year 2016:

• Total revenue is expected to be in the range of $256.5 million to $259.5 million.
• Non-GAAP operating loss is expected to in be in the range of ($24.0) million to ($21.0) million.  This excludes stock-based compensation expense of approximately $32.4 million and amortization of acquired intangible assets of approximately $84 thousand.
• Non-GAAP net loss per common share is expected to be in the range of ($0.68) to ($0.59).  This excludes stock-based compensation expense of approximately $32.4 million and amortization of acquired intangible assets of approximately $84 thousand.  This assumes approximately 35.2 million weighted common shares outstanding.

Conference Call Information

HubSpot will host a conference call on Wednesday, May 4, 2016, at 5:00 p.m. Eastern Time (ET) to discuss its first quarter 2016 financial results and business outlook.  To access this call, dial (877) 201-0168 (domestic) or (647) 788-4901 (international).  The conference ID is 89836066. Additionally, a live webcast of the conference call will be available in the "Investor" section of the HubSpot's web site at www.hubspot.com.

Following the conference call, a replay will be available until 11 pm on May 11, 2016 at (855) 859-2056 (domestic) or (404) 537-3406 (international). The replay pass code is 89836066. An archived webcast of this conference call will also be available in the "Investor" section of HubSpot's web site at www.hubspot.com.  The company has used, and intends to continue to use, the investor relations portion of its website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD.

About HubSpot

HubSpot is a leading inbound marketing and sales platform. Over 19,000 customers in over 90 countries use HubSpot's award-winning software, services, and support to create an inbound experience that will attract, engage, and delight customers. Learn more at www.hubspot.com .

The tables at the end of this press release include a reconciliation of generally accepted accounting principles ("GAAP") to non-GAAP operating loss, operating margin, subscription margin, expense, expense as a percentage of revenue, and net loss for the first quarter ended March 31, 2016 and 2015. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures."

Cautionary Language Concerning Forward-Looking Statements

This press release includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements concerning our financial guidance for the second fiscal quarter of 2016 and full year 2016, our position to execute on our growth strategy in the mid-market, and our ability to expand our leadership position and market opportunity for our inbound platform.  These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning.  These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made.  Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved.  Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation, our history of losses, our ability to retain existing customers and add new customers, the continued growth of the market for an inbound platform; our ability to differentiate our platform from competing products and technologies; our ability to manage our growth effectively to maintain our high level of service; our ability to maintain and expand relationships with our marketing agency partners; our ability to successfully recruit and retain highly-qualified personnel; the price volatility of our common stock, and other risks set forth under the caption "Risk Factors" in our Annual Report on Form 10-K filed on February 24, 2016 and our other SEC filings.  We assume no obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.

Consolidated Balance Sheets (in thousands)
		March 31,				December 31,
		2016				2015
Assets
Current assets:
Cash and cash equivalents		$	53,019			$	55,580
Short-term investments			54,633				48,972
Accounts receivable — net of allowance for doubtful accounts of $409  and $371 at March 31, 2016 and December 31, 2015, respectively			25,072				25,142
Deferred commission expense			8,453				8,114
Prepaid hosting costs			2,531				3,047
Prepaid expenses and other current assets			8,030				4,899
Total current assets			151,738				145,754
Long-term investments			35,113				40,566
Property and equipment, net			26,897				18,161
Capitalized software development costs, net			5,086				4,655
Restricted cash			381				363
Other assets			928				1,007
Intangible assets, net			76				100
Goodwill			9,773				9,773
Total assets		$	229,992			$	220,379
Liabilities and stockholders' equity
Current liabilities:
Accounts payable		$	2,674			$	2,588
Accrued compensation costs			8,920				11,371
Other accrued expenses			14,993				12,313
Capital lease obligations			649				542
Deferred rent			174				86
Deferred revenue			73,262 Werbung Mehr Nachrichten zur Hubspot Inc Aktie kostenlos abonnieren E-Mail-Adresse Bitte überprüfe deine die E-Mail-Adresse. Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1 Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News 24.04.24 - PR Newswire Fidelity Emerging Markets Ltd - Monthly Factsheet 24.04.24 - PR Newswire Fidelity Asian Values Plc - Monthly Factsheet Solarboom 2024:    5 Gründe die für diese Aktie sprechen… weiterlesen» Anzeige wo-site-teaser-box-16746_site-teaser-box_2024-04-24_08%253A00%253A00_2024-04-25_09%253A00%253A59