PROS Holdings, Inc. Reports First Quarter 2024 Financial Results
PROS Holdings, Inc. (PRO)
Last pros holdings, inc. earnings: 2/6 04:15 pm
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US:NYSE Investor Relations:
pros.com/about-pros/investor-relations
Company Research
Source: Business Wire
Subscription revenue of $64.3 million, up 15% year-over-year.Subscription gross margin of 77% and non-GAAP subscription gross margin of 79%, an improvement of more than 140 basis points year-over-year.Total gross margin of 64% and non-GAAP gross margin of 67%, an improvement of 315 basis points year-over-year. HOUSTON--(BUSINESS WIRE)--PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced financial results for the first quarter ended March 31, 2024.“We delivered a strong start to 2024, exceeding our guidance ranges across all metrics, driving 15% subscription revenue growth and delivering a near 300% improvement to adjusted EBITDA year-over-year,” stated CEO Andres Reiner. “We continue to be excited about our long-term trajectory as the market continues to embrace AI, and we have the right platform, people, and strategy to capitalize on this market opportunity.”First Quarter 20
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News
- PROS Holdings, Inc. (NYSE: PRO) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $40.00 price target on the stock.MarketBeat
- Here's Why Pros Holdings (PRO) is Poised for a Turnaround After Losing -8.2% in 4 Weeks [Yahoo! Finance]Yahoo! Finance
- PROS Holdings, Inc. (NYSE:PRO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PROS Holdings Makes Mediocre Progress As Macroeconomic Growth Falters [Seeking Alpha]Seeking Alpha
- PROS Announces Investor Conference Schedule for May 2024 [Yahoo! Finance]Yahoo! Finance
PRO
Earnings
- 5/7/24 - Beat
PRO
Sec Filings
- 5/17/24 - Form 8-K
- 5/17/24 - Form 8-K
- 5/15/24 - Form 4
- PRO's page on the SEC website