HubSpot's stock surged 5.10% in pre-market trading following the company's release of better-than-expected fourth-quarter results and an optimistic annual revenue forecast that exceeded analyst estimates.
The customer platform provider reported adjusted earnings per share of $3.10 for the fourth quarter, beating the analyst estimate of $2.99. Revenue came in at $846.7 million, surpassing the consensus estimate of $830.61 million and representing a 20% increase year-over-year. For fiscal year 2026, HubSpot forecasts earnings per share of $12.38 to $12.46, well above the consensus of $11.46, and revenue of $3.69 billion to $3.70 billion, exceeding the $3.61 billion consensus estimate.
The company's strong performance was driven by growth in its customer base, which increased 16% year-over-year to 288,706, and average subscription revenue per customer, which rose 3% to $11,683. HubSpot's board also authorized a new share repurchase program of up to $1 billion over the next 24 months, further bolstering investor confidence.
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