Welcome to our dedicated page for Pros Holdings news (Ticker: PRO), a resource for investors and traders seeking the latest updates and insights on Pros Holdings stock.
Pros Holdings, Inc. (NYSE: PRO) is at the forefront of the digital economy, offering cutting-edge AI-based solutions that drive commerce. With a strong focus on artificial intelligence, PROS empowers companies to embrace digital selling and eCommerce channels seamlessly. The company provides tools that offer predictive and prescriptive guidance, allowing businesses to price, configure, and sell their products and services dynamically across all channels with speed, precision, and consistency.
PROS's client base includes market leaders who benefit from decades of data science expertise embedded in the company's industry solutions. The core offerings are cloud-based revenue and profit realization software solutions tailored to both business-to-business (B2B) and business-to-consumer (B2C) markets. These solutions help customers grow revenue, modernize business processes, and support profitability through advanced prescriptive analytics and data science-driven decision-making technology.
One of the key strengths of PROS is its ability to enable buyers to transition smoothly across various sales channels—whether direct sales, partner networks, online platforms, mobile apps, or emerging channels—while delivering personalized experiences. The company generates revenue from a diverse geographic base, including the United States, Europe, Africa, Asia-Pacific, and the Middle East.
Recent achievements showcase PROS's commitment to innovation and customer success. They continually evolve their solutions to meet the changing needs of the digital marketplace, helping businesses stay competitive and responsive to market trends. For more information, visit the official PROS website.
PROS (NYSE: PRO) has launched PROS Dynamic Offers, an advanced offer management solution designed for airlines. This tool provides airlines with the ability to create science-based offers for passengers across all channels, enhancing customer experiences and potentially increasing conversion rates. The airline industry aims to grow by 2.8 billion passengers in 2021, which drives demand for digital solutions. The solution emphasizes dynamic pricing, personalized offers, and improved distribution, aligning with the industry's shift towards omnichannel retailing.
PROS (NYSE: PRO) has appointed Katrina Klier as the new Chief Marketing Officer, reporting to COO Les Rechan. Klier, with over 25 years of experience in tech, will focus on aligning global marketing strategies to enhance demand generation and brand visibility. Previously instrumental at Accenture, where she nearly doubled brand value, and at Microsoft, her expertise in data analytics and digital marketing is expected to drive PROS' growth in AI-powered solutions. Klier aims to enhance customer engagement and support the company's digital transformation efforts.
PROS Holdings (NYSE: PRO) announced its participation in two virtual investment conferences in March 2021. CFO Stefan Schulz and Senior Manager Belinda Overdeput will attend the JMP Securities Technology Conference on March 1, while President & CEO Andres Reiner and VP Alex Harrington will join the Morgan Stanley Technology, Media, and Telecom Conference on March 3. The events will include live webcasts, accessible on the company’s Investor Relations website. PROS specializes in AI-powered solutions that enhance sales optimization in the digital economy.
PROS Holdings, Inc. (NYSE: PRO) reported its financial results for Q4 and full year 2020, showing a total revenue of $60.9 million, an 8% decline from $66.2 million in Q4 2019. For the full year, revenue decreased by 7% year-over-year. Despite challenges, the CEO emphasized a record number of customer go-lives and a strategic focus on digital selling, anticipating that 80% of B2B interactions will be digital by 2025. The company’s position in AI-driven solutions for the digital economy remains strong.
PROS (NYSE: PRO) announced new editions of its SaaS-based PROS Group Sales Optimizer, aimed at helping airlines like Etihad enhance group ticket sales through self-service channels. The solution is designed to improve conversion rates by up to 50% and boost revenue streams by 26%, addressing the industry's recovery from a 66.3% decline in passenger demand. The GSO Editions include tools for dynamic pricing and automation to streamline the booking experience, enabling airlines to adapt to market demands and enhance customer satisfaction.
PROS (NYSE: PRO) announced that Cathay Pacific has successfully implemented its SaaS-based Group Sales Optimizer and OneSearch solutions. This move aims to enhance group travel bookings, improving pricing accuracy and streamlining contract management. The integration is part of Cathay Pacific's digital transformation strategy, focusing on increasing revenue while providing a better customer experience. The PROS solutions utilize AI innovations to optimize pricing and booking efficiency, reducing processing times from days to minutes.
PROS (NYSE: PRO) has been certified as a 2020-2021 Great Place to Work, reinforcing its commitment to a positive workplace culture. The certification is based on employee feedback, with 94% of staff affirming PROS as a great workplace. Key highlights include 96% of employees feeling welcomed upon joining and 95% expressing pride in their affiliation with the company. PROS emphasizes a people-first culture, fostering inclusion through Employee Resource Groups and providing resources for career development and flexible work-life balance.
PROS (NYSE: PRO) has appointed Sherry Lautenbach as Senior Vice President, Global B2B Sales, tasked with driving enterprise adoption of PROS solutions. With over 25 years of experience in enterprise SaaS sales, her previous roles include Senior VP for Cloud Sales at Oracle and leadership positions at Nutanix and IBM. Lautenbach aims to enhance customer experiences and accelerate growth in the digital economy by optimizing sales processes across channels. PROS continues to assert its leadership in AI-powered solutions that streamline pricing and selling for B2B companies.
PROS (NYSE: PRO) will announce its fourth quarter and full year financial results for the period ending December 31, 2020, after U.S. market close on February 4, 2021. The company will also host a conference call that same day at 4:45 p.m. EST to discuss results and business outlook. Investors can access the call at 1-877-407-9039 or through the live and archived webcasts on www.pros.com. A replay will be available until February 18, 2021.
PROS (NYSE: PRO) has appointed Martin Simoncic as its new Chief Customer Officer (CCO), succeeding John C.P. Allessio, who is retiring in mid-January 2021. Simoncic brings extensive experience in customer success and professional services from his previous roles at PROS and Vertafore. His focus will be on enhancing customer engagement and platform adoption, aligning with PROS' aggressive growth strategy. The company aims to leverage Simoncic's expertise to strengthen its customer-centric culture, which is critical for maximizing the lifetime value of its AI-powered solutions.
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