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.
PROS Holdings (NYSE: PRO) has announced PROS Smart Rebate Management as part of its latest Platform release. This AI-powered solution automates and streamlines rebate management processes, integrating with existing pricing and selling capabilities. The platform includes features for rebate programs management, attainment tracking, accruals and settlements, claims management, and approval workflows.
The solution aims to help businesses deliver optimized offers at quote time across all sales channels, maximizing conversion and profitability. It addresses the challenge of manual rebate calculations through spreadsheets by providing an automated, unified approach to managing rebates within the context of a complete platform.
PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered SaaS solutions for pricing, CPQ, revenue management, and digital offer marketing, has announced its schedule for releasing third quarter 2024 financial results. The company will disclose its financial performance for the quarter ending September 30, 2024, after U.S. financial markets close on Tuesday, October 29, 2024.
Following the release, PROS will host a conference call at 4:45 p.m. ET on the same day to discuss the results and business outlook. Interested parties can access the call via phone or webcast. A replay of the call will be available until November 5, 2024.
PROS Holdings, Inc. (NYSE: PRO) has announced the appointment of Jennifer Biry to its Board of Directors, effective August 26, 2024. Biry, who joins as an independent director, brings over 25 years of accounting, finance, and operational experience to the role. She currently serves as the Chief Financial and Operating Officer for McAfee, overseeing global finance, strategy, M&A, IT, security, sales, customer service, and procurement operations, responsible for over $2B in annual revenue.
Prior to McAfee, Biry held the position of Chief Financial Officer at WarnerMedia from 2020-2022 and various leadership roles at AT&T Communications. PROS Non-Executive Chairman Bill Russell and President and CEO Andres Reiner expressed enthusiasm about Biry's appointment, citing her valuable experience as the company scales and pursues AI-driven market opportunities.
PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered SaaS solutions for pricing, CPQ, revenue management, and digital offer marketing, has announced its participation in two investor conferences in August 2024. The company will be represented at the KeyBanc Capital Markets Technology Leadership Forum in Vail, CO on August 6, with a fireside chat featuring Sunil John (Chief Product Officer) and Belinda Overdeput (Head of Investor Relations). Additionally, PROS will participate in the Oppenheimer 27th Annual Technology, Internet, & Communications Conference virtually on August 13, with Stefan Schulz (CFO) and Belinda Overdeput presenting in a fireside chat. Live webcasts and archives of both events will be available on the company's Investor Relations page.
PROS Holdings, Inc. (NYSE: PRO) reported strong Q2 2024 financial results, exceeding guidance across all metrics. Highlights include:
- Subscription revenue of $65.6 million, up 14% year-over-year
- Total revenue of $82.0 million, an 8% increase
- Non-GAAP subscription gross margin of 80%, improving by over 160 basis points
- Operating cash flow improved by $13.0 million, or nearly 200%
The company welcomed new customers and expanded adoption within existing ones. PROS won Microsoft's Global ISV Partner of the Year Award and achieved top results in G2's Summer 2024 Reports. The outlook for Q3 2024 includes total revenue of $81.5 to $82.5 million and subscription revenue of $65.8 to $66.3 million.
PROS (NYSE: PRO), a leading provider of AI-powered SaaS solutions, will release its financial results for Q2 2024 on July 30, 2024, after the U.S. markets close. The company will also host a conference call at 4:45 p.m. ET on the same day to discuss the results and business outlook. Interested parties can join the call by dialing 1-877-407-9039 (toll-free) or 1-201-689-8470. Webcasts of the live and archived calls will be available on the company’s website. A telephone replay will be available until August 6, 2024, using the pass code 13747137.
PROS Holdings (NYSE: PRO), a leader in AI-powered SaaS solutions, has been awarded the 2024 Microsoft Global ISV Partner of the Year Award. Recognized for its excellence in AI innovation and strategic collaboration with Microsoft, PROS has demonstrated significant contributions to the delivery of enhanced cloud solutions. President and CEO Andres Reiner emphasized the company's 18+ year partnership with Microsoft, highlighting ongoing joint development initiatives aimed at advancing digital transformation and growth for customers. This accolade underscores PROS's commitment to leveraging AI and Microsoft's Cloud Platform to provide competitive advantages. The award was part of the annual Microsoft Partner of the Year Awards, which received over 4,700 nominations from more than 100 countries. The winners will be celebrated at the MCAPS Start for Partners digital event in July and at Microsoft Ignite in November.
PROS Holdings (NYSE: PRO), a leading AI-powered SaaS provider, announced its participation in two investor conferences in June 2024. Company management, including President & CEO Andres Reiner and Head of Investor Relations Belinda Overdeput, will engage in fireside chats at the Stifel 2024 Cross Sector Insight Conference in Boston on June 4 and the Baird Global Consumer, Technology & Services Conference in New York on June 5. These events will be webcast live and archived on the Investor Relations page of the PROS website.
PROS Holdings, a leading provider of AI-powered SaaS solutions, announced their participation in the Needham Technology, Media, & Consumer Conference in May 2024. The CFO and Head of Investor Relations will attend a Fireside Chat on May 15, 2024, with a live webcast available on their Investor Relations page.
PROS Holdings, Inc. reported strong first-quarter 2024 financial results with subscription revenue reaching $64.3 million, up 15% year-over-year. The company also saw improvements in subscription gross margin, total gross margin, and non-GAAP gross margin. With a positive outlook for the future, PROS exceeded guidance ranges across all metrics, driving 15% subscription revenue growth and a near 300% improvement in adjusted EBITDA. Recent business highlights include the launch of the PROS Copilot for Sales Plugin in partnership with Microsoft and the addition of several new customers and the expansion of the PROS Platform within existing customers. Todd McNabb was appointed as Chief Revenue Officer to lead PROS global go-to-market team. The company's financial outlook for the second quarter and full year 2024 shows positive growth in total revenue, subscription revenue, non-GAAP earnings per share, adjusted EBITDA, and free cash flow.
