HubSpot reports Q1 adjusted EPS $1.20, consensus 83c

Reports Q1 revenue $501.6M, consensus $474.84M. "We had a strong start to the year and I’m pleased with the focused execution of the HubSpot team," said Yamini Rangan, Chief Executive Officer at HubSpot. "Our results show that our product innovation is in high gear and that our bi-modal go-to-market strategy is working. We continue to operate in a tough macroeconomic environment but we have a solid playbook for executing and driving sustainable growth despite this challenge. At the same time, we are in the early stages of a transformative shift brought on by Generative AI. HubSpot is well positioned to help go-to-market teams be even more effective with AI, and we’re incredibly excited by the opportunity it is creating to deliver even more value for customers."