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研究快讯:Hubs:第一季度业绩超预期,但账单增速放缓令盘后股价承压

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-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师总结如下:HUBS公布了强劲的2026财年第一季度业绩,非GAAP每股收益为2.72美元,超出市场预期0.26美元;总营收达8.81亿美元,同比增长23%,超出预期1770万美元。订阅收入达8.623亿美元,同比增长23%;账单金额达9.123亿美元,同比增长19%,尽管较第四季度27%的增速略有放缓,但仍展现出强劲的市场需求。营业利润率增速加快,非GAAP利润率达到17.8%,较上年同期目标21%有所提升。公司已回购2.11亿美元股票,剩余授权回购额度为7.89亿美元。管理层将2026财年营收预期上调至37亿至37.08亿美元,非GAAP每股收益预期上调至13.04至13.12美元,均高于市场预期。我们认为,强劲的现金流(1.988亿美元的经营现金流,同比增长23%)、股票回购以及高于市场预期的业绩指引上调,共同表明公司基本面稳健,增长势头良好。

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