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 Holdings, Inc. (NYSE: PRO) will host its Analyst Day on May 23, 2023, during the Outperform 2023 conference in Denver, CO. The event, scheduled from 1:30 p.m. to 3:30 p.m. MT, will feature a panel of PROS customers and presentations by the executive management team, followed by a live Q&A session. Investors can register for the event either in-person or virtually through the company's website. A discounted registration rate of $395 is available for investors attending additional sessions of the conference, which starts on May 22, 2023. PROS is recognized for its AI capabilities in CPQ and price optimization, helping businesses like Cargill and Siemens achieve significant efficiency gains and revenue improvements.
PROS (NYSE: PRO) is set to release its financial results for Q1 2023 on May 2, 2023, after the U.S. markets close. A conference call will follow at 4:45 p.m. ET to discuss these results and the company's outlook. Investors can access the call at 1-877-407-9039 or view the webcast on the PROS website. PROS is recognized for its market-leading AI capabilities in CPQ and price optimization, reportedly delivering significant efficiency gains and revenue improvements for its customers. Notable clients include major brands like Cargill, HP, and Siemens. PROS aims to leverage its advanced AI to process over 2 trillion transactions annually.
PROS Holdings, Inc. (NYSE: PRO) announced brand ambassadors Mina Harigae and J.J. Spaun for 2023, featuring the PROS logo on their golf apparel. Harigae, starting her 14th LPGA season, aims to build on her successful 2022, including a runner-up finish at the U.S. Women’s Open. Spaun, a 2022 PGA TOUR winner, expresses pride in aligning with PROS values. Chief Marketing Officer Grad Conn emphasizes the brand's commitment to equity and inclusion. PROS is recognized for its AI-driven CPQ and price optimization, boasting significant efficiency and revenue gains for clients. The partnership aims to enhance brand visibility in professional golf.
PROS Holdings, Inc. (NYSE: PRO) reported strong financial results for Q4 and FY 2022, with subscription revenue reaching $204.0 million, a 15% year-over-year increase. The company achieved a 73% subscription gross margin, reflecting a growth of over 500 basis points. Despite a net loss of $82.2 million for FY 2022, adjusted EBITDA turned positive in the second half. For Q1 2023, the company forecasts total revenue between $70.4 million and $71.4 million, with subscription revenue expected to rise by 11%.
PROS aims for positive adjusted EBITDA and free cash flow in 2023, positioning itself to capitalize on market opportunities.
PROS (NYSE: PRO) will release its financial results for Q4 and full year 2022 on February 9, 2023, after U.S. markets close. A conference call to discuss these results and the business outlook will also be held the same day at 4:45 p.m. ET. PROS is recognized for its advanced AI capabilities in CPQ and price optimization, delivering significant efficiencies and revenue improvements to top brands. The company's solutions process over 2 trillion transactions annually, demonstrating its robust market presence and operational effectiveness.