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Stock impact report

PROS Holdings, Inc. Reports Second Quarter 2020 Financial Results

PROS Holdings, Inc. (PRO) 
Last pros holdings, inc. earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: pros.com/about-pros/investor-relations
Company Research Source: Business Wire
Subscription revenue of $42.4 million, up 21% year-over-year.Recurring revenue as a percentage of total revenue of 85%, up more than 600 basis points year-over-year. HOUSTON--(BUSINESS WIRE)--PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced financial results for the second quarter ended June 30, 2020.“Today’s environment has only accentuated the need for businesses to deliver every aspect of commerce digitally,” stated CEO Andres Reiner. “We welcomed new customers this quarter and are excited to accelerate their digital selling journeys with our industry leading, AI solutions. We see an attractive, long-term market opportunity in front of us and are confident in our ability to execute upon our strategy to capture it.”Second Quarter 2020 Financial HighlightsKey financial results for the second quarter 2020 are shown below. Throughout this press release, all dollar figures are in millions, except net los Show less Read more
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