Education
About Us
Working with TipRanks
Follow Us
HUB CYBER SECURITY (ISRAEL) LTD (HUBC)
NASDAQ:HUBC
Earnings Data
Report Date
Aug 27, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: -6.36%
|Next Earnings Date:Aug 27, 2025
Earnings Call Sentiment|Positive
Despite a decline in revenue and increased liabilities, Hub Cybersecurity has demonstrated strong strategic realignment, cost reductions, and significant contract wins. The company's focus on high-margin business segments and operational efficiency has led to improved margins and a promising outlook for future growth.Company Guidance
During the Hub Cybersecurity 2024 financial results call, several key metrics and strategic initiatives were highlighted. The company reported a revenue of $13.8 million for the second half of 2024, down from $17.6 million in the same period in 2023, while full-year revenue was $39.6 million compared to $42.7 million in 2023. Despite a leaner revenue base, the gross margin improved significantly to 25.6% in H2 2024, up by 15.4% compared to H2 2023, driven by strategic realignment towards higher-margin business segments. Operating expenses were reduced by 29% in H2 2024 compared to the prior year, aggregating to $14.7 million. The operating loss also improved by 38% in H2 2024, dropping from $77 million in 2022 to $26 million in 2024. Hub's secured data fabric platform, with margins of 80% to 90%, is set to be the primary growth driver, with the company expecting a marked transformation in its business mix starting in 2025. The focus remains on expanding their US presence and targeting high-priority sectors like transportation, with an anticipated first signed contract in 2025. Hub's commitment to compliance and transparency has been reinforced with a new leadership team and strengthened governance frameworks.Strategic Realignment and Margin Improvement
Hub Cybersecurity's gross margin improved significantly to 25.6% in H2 2024, up by 15.4% compared with H2 2023 due to strategic realignment towards higher margin business segments.
Significant Engagement with Bank of San Marino
In March, Hub was awarded a EUR 20 million engagement by the Bank of San Marino to modernize its entire digital banking infrastructure, expected to deliver in full this year.
Operational Cost Reductions
Operating expenses for H2 2024 aggregated to $14.7 million, reflecting a significant 29% reduction compared to $20.9 million in H2 2023.
Strategic US Expansion
Hub is scaling its US presence with a new office in New York City and aggressively hiring world-class talent to support demand across North America.
Long-term Recurring Revenue Growth
Over 60% of 2024 revenue came from long-term recurring contracts across financial services and critical infrastructure.
HUBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HUBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $2.36 | $2.98 | +26.27% |
Dec 02, 2024 | $5.52 | $5.50 | -0.36% |
Aug 15, 2023 | $59.00 | $47.29 | -19.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does HUB CYBER SECURITY (ISRAEL) LTD (HUBC) report earnings?
HUB CYBER SECURITY (ISRAEL) LTD (HUBC) is schdueled to report earning on Aug 27, 2025, TBA Not Confirmed.
What is HUB CYBER SECURITY (ISRAEL) LTD (HUBC) earnings time?
HUB CYBER SECURITY (ISRAEL) LTD (HUBC) earnings time is at Aug 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HUBC EPS forecast?
Currently, no data Available