HubSpot Inc.
stock rallied more than 13% in the extended session Thursday after the software company reported an adjusted per-share profit and sales above Wall Street expectations for its fourth quarter, saying it “stepped up to the challenging macroeconomic conditions that emerged in 2022.” HubSpot lost $15.6 million, or 32 cents a share, in the quarter, compared with a loss of $16.4 million, or 35 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned $1.11 a share.
stock rallied more than 13% in the extended session Thursday after the software company reported an adjusted per-share profit and sales above Wall Street expectations for its fourth quarter, saying it “stepped up to the challenging macroeconomic conditions that emerged in 2022.” HubSpot lost $15.6 million, or 32 cents a share, in the quarter, compared with a loss of $16.4 million, or 35 cents a share, in the year-ago quarter. Adjusted for one-time items, the company earned $1.11 a share.