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) delivers AI-powered solutions that transform how businesses optimize digital commerce and revenue streams. This news hub provides investors and industry professionals with essential updates on PRO's strategic initiatives, product developments, and market positioning.
Access real-time updates including earnings reports, partnership announcements, leadership changes, and technology innovations. Our curated collection ensures you never miss critical developments in PRO's prescriptive analytics platforms or global expansion efforts.
Key coverage areas include quarterly financial results, new AI feature deployments, customer success stories, and patent filings. Track how PRO continues advancing dynamic pricing technologies and B2B commerce optimization across retail, manufacturing, and logistics sectors.
Bookmark this page for streamlined monitoring of PRO's progress in shaping data-driven commerce. Combine these verified updates with Stock Titan's analysis tools to inform your investment strategy.
Malaysia Airlines has extended its strategic agreement with PROS Holdings (NYSE: PRO) by renewing PROS Revenue Management Advantage (RMA). The collaboration highlights the effectiveness of PROS' AI-powered technology in supporting the airline's post-COVID-19 recovery, contributing to two consecutive years of profitability.
As one of the first adopters of PROS RMA and Willingness-to-Pay in 2020, Malaysia Airlines has leveraged the platform to enhance demand forecasting and implement dynamic pricing strategies. The system enables the airline to create optimized offers and adapt quickly to market changes, despite ongoing cost and supply chain challenges.
The partnership aims to further advance the airline's journey toward offer optimization and continuous pricing, utilizing PROS' AI-powered SaaS solutions for pricing, CPQ, revenue management, and digital offer marketing.
PROS Holdings (NYSE: PRO), an AI-powered SaaS pricing and selling solutions provider, has scheduled its fourth quarter and full year 2024 financial results release for Thursday, February 6, 2025, after U.S. market close. The company will host a conference call at 4:45 p.m. ET on the same day to discuss financial results and business outlook.
Investors can access the call via toll-free number 1-877-407-9039 or 1-201-689-8470. A webcast will be available under the Investor Relations section on pros.com. A replay will be accessible until February 13, 2025, at 11:59 PM ET using 1-844-512-2921 (toll-free) or 1-412-317-6671 with pass code 13750860.
PROS Holdings (NYSE: PRO) has received IDC's 2024 CX CPQ Customer Satisfaction Award, placing in the highest scoring group for Configure, Price, Quote (CPQ) application vendors. The recognition is based on IDC's CX Path survey of approximately 2,500 organizations globally.
PROS scored above average in multiple satisfaction categories, notably excelling in:
- Ease of Implementation
- User Experience
- Product Roadmap Visibility
- Data Security
- Ease of Integration
- Availability of Training
- Data Management Capabilities
PROS Smart CPQ solution uses AI and machine learning to streamline complex product configuration, generate profitable pricing, and deliver personalized proposals across channels. The company was also named a Leader in the IDC MarketScape: Worldwide CPQ for Commerce 2024-2025 Vendor Assessment.
PROS Holdings (NYSE: PRO) has been named a Leader in the IDC MarketScape: Worldwide CPQ Applications for Commerce 2024-2025 Vendor Assessment. The recognition highlights PROS' AI leadership and its end-to-end platform with advanced pricing capabilities. The IDC MarketScape emphasized PROS' strengths in three key areas: AI-driven CPQ innovation, deep integration with Microsoft Dynamics 365 CRM as a Microsoft Inner Circle Partner, and advanced pricing functionality supporting various pricing models.
According to IDC's Research Director, PROS' approach is particularly valuable in today's complex B2B sales environment, offering AI-driven pricing capabilities and self-service features that enhance multichannel sales strategies and buyer experiences.
PROS Holdings (NYSE: PRO) has appointed John Strosahl to its Board of Directors as an independent director, effective December 2, 2024. Strosahl, currently CEO of Jamf, brings over 20 years of executive management and business development experience, particularly in SaaS, eCommerce, Cloud, and Web Services. His previous roles include leading eBay's B2C business in North America and serving as EVP at Digital River. The appointment aims to leverage his expertise in driving sustainable revenue strategies and global expansion to support PROS' growth initiatives in AI-powered SaaS pricing and revenue management solutions.
TAP Air Portugal is expanding its 25-year partnership with PROS Holdings (NYSE: PRO) to enhance its dynamic pricing and customer offer capabilities. The airline will implement PROS Revenue Management with Willingness-to-Pay (WTP) technology, while continuing to use Real-Time Dynamic Pricing and Group Sales Optimizer. These AI-powered solutions will help TAP optimize pricing based on customer segments, improve booking conversions, and respond faster to market changes. The implementation aims to deliver more personalized offers, increase customer loyalty, and generate incremental revenue through advanced price optimization and real-time seat availability management.
PROS Holdings (NYSE: PRO) has appointed Colleen Langevin as Chief Marketing Officer. With over 20 years of experience in B2B and B2C companies, Langevin will lead PROS global marketing organization and strategy, focusing on scaling demand generation and driving digital marketing transformation. Prior to joining PROS, she served as CMO at Quest Software, where she led initiatives that drove significant revenue growth and doubled enterprise valuation in 18 months. She previously held executive positions at Vista Equity Partners, Dell, CLEAResult, and Iron Mountain.
Skyhigh Security has announced two key executive appointments: Sanjay Castelino as President and James Denena as Chief Financial Officer. Castelino brings over 30 years of technology experience, including roles at Snow Software, Spiceworks, and SolarWinds. Denena joins with nearly 25 years of experience in financial leadership at companies like Snow Software, PROS, and Applied Materials. These appointments follow recent additions of a CRO, CTO, and EVP of Product, strengthening the company's position in data-focused cloud, on-premises, and hybrid security solutions. The expanded leadership team aims to accelerate growth, drive innovation, and establish Skyhigh Security as a trusted leader in data security.
PROS Holdings (NYSE: PRO) announced that President and CEO Andres Reiner plans to retire. Reiner will remain in his position during the search for his successor and serve as an advisor for 12 months afterward to ensure a smooth transition. The Board of Directors has initiated its succession plan and engaged a national executive search firm to find the next CEO. The company emphasizes its strong leadership team and positioning for continued market innovation and sustainable growth.
PROS Holdings (NYSE: PRO) reported strong Q3 2024 results with subscription revenue reaching $67.1 million, up 12% year-over-year. Total revenue increased 7% to $82.7 million. The company achieved significant profitability improvements, including a subscription gross margin of 78% and non-GAAP subscription gross margin of 80%. Notable was the 185% improvement in operating cash flow year-to-date. The company posted a net income of $0.2 million, compared to a loss of $13.9 million in Q3 2023. For Q4 2024, PROS expects total revenue between $84.1-$85.1 million and subscription revenue of $68.5-$69.0 million.
