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Pros Holdings, Inc. - PRO STOCK NEWS

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.

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PROS Holdings, Inc. (PRO) will release its Q1 2024 financial results on May 7, 2024, discussing business outlook in a conference call. Access the call via phone or webcast.
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PROS Holdings, Inc. (PRO) reported improved operating cash flow by $33.8 million, or 141%, for the full year 2023. Subscription revenue increased by 15% to $234.0 million, and total revenue was up 10% to $303.7 million. The company's CEO expressed satisfaction with the outstanding performance, surpassing their goals for subscription ARR, revenue, and free cash flow generation.
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PROS Holdings, Inc. (PRO) will release its financial results for Q4 and full year 2023 on February 8, 2024. The company will host a conference call to discuss the results and business outlook. The call can be accessed via phone or webcast, and a replay will be available until February 15, 2024.
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PROS Holdings, Inc. (NYSE: PRO) announced the appointment of Michelle H. Benfer to its board of directors effective November 16, 2023. Benfer, a skilled leader with over 20 years of experience in driving successful sales teams, joins as an independent director. She currently serves as Senior Vice President of Sales for BILL Holdings (NYSE: BILL) and previously held sales leadership roles at HubSpot (NYSE: HUBS), LogMeIn, AOL, Meredith Corporation, and Condé Nast.
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PROS Holdings, Inc. (NYSE: PRO) announced the appointment of Cynthia M. Johnson as an independent director to its board effective November 9, 2023. Johnson brings over 25 years of industry experience and has served in senior sales leadership roles at ServiceNow and Cisco. Her expertise in global solution sales and driving revenue growth adds valuable perspective to PROS board.
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PROS Holdings, Inc. (NYSE: PRO) has raised its revenue and profitability outlook for the full year 2023 after surpassing Q3 guidance. The company reported subscription revenue of $60.0 million, up 16% YoY, and total revenue of $77.3 million, up 10% YoY. Subscription gross margin and non-GAAP subscription gross margin also showed improvement, up 135 basis points YoY.
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PROS to release Q3 2023 financial results on October 31, 2023
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FAQ

What is the current stock price of Pros Holdings (PRO)?

The current stock price of Pros Holdings (PRO) is $22.5 as of December 20, 2024.

What is the market cap of Pros Holdings (PRO)?

The market cap of Pros Holdings (PRO) is approximately 1.1B.

What does Pros Holdings, Inc. do?

Pros Holdings, Inc. provides AI-powered solutions for commerce, focusing on dynamic pricing, configuration, and selling across all sales channels.

What kind of solutions does PROS offer?

PROS offers cloud-based revenue and profit realization software solutions that leverage prescriptive analytics and data science to help businesses grow revenue and modernize processes.

Who are the customers of PROS?

PROS's customers include market leaders in various industries looking to enhance their digital selling and eCommerce capabilities.

How does PROS's technology help businesses?

PROS's technology provides predictive and prescriptive guidance, enabling businesses to price, configure, and sell their products and services dynamically with precision and consistency.

What channels do PROS's solutions support?

PROS's solutions support a range of sales channels including direct sales, partner networks, online platforms, mobile apps, and emerging channels.

In which regions does PROS generate revenue?

PROS generates revenue across the United States, Europe, Africa, Asia-Pacific, and the Middle East.

How does PROS enhance customer experience?

PROS enables buyers to move fluidly across various sales channels while providing personalized experiences.

What recent achievements has PROS made?

PROS continues to innovate, evolving their solutions to meet the changing needs of the digital market and helping businesses stay competitive.

How can I learn more about PROS?

For more information, you can visit the official PROS website at pros.com.

What industries does PROS serve?

PROS serves a wide range of industries by providing advanced AI-based solutions for commerce.

Pros Holdings, Inc.

NYSE:PRO

PRO Rankings

PRO Stock Data

1.07B
42.81M
9.39%
98.1%
6.62%
Software - Application
Services-computer Programming Services
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United States of America
HOUSTON