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CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — HubSpot Inc. (HUBS) on Wednesday reported a loss of $5.5 million in its third quarter.
On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 11 cents. Earnings, adjusted for one-time gains and costs, were $1.59 per share.
The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The cloud-based marketing and sales software platform posted revenue of $557.6 million in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $533.7 million.
For the current quarter ending in December, HubSpot expects its per-share earnings to range from $1.53 to $1.55.
The company said it expects revenue in the range of $556 million to $558 million for the fiscal fourth quarter.
HubSpot expects full-year earnings in the range of $5.66 to $5.68 per share, with revenue ranging from $2.14 billion to $2.15 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUBS at https://www.zacks.com/ap/HUBS