HubSpot Reports 35 Percent Increase in Subscription Revenue for Q3
But total average revenue per subscriber drops 4 percent to $9,959.
Last week, marketing, sales and services platform HubSpot, Inc. (NYSE: HUBS) reported strong financial results for the third quarter ended September 30, 2018. Among the highlights were total revenue of $131.8 million, a 35 percent increase year-over-year, and subscription revenue of $125.5 million, also a 35 percent increase year-over-year. Total customers grew by 40 percent to 52,505, but total average subscription revenue per customer dropped 4 percent to $9,959 in the third quarter.
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