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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.
PROS Holdings, Inc. (NYSE: PRO) has been recognized as a Leader in Gartner's 2022 Magic Quadrant for Configure, Price and Quote (CPQ) Application Suites for the second consecutive year. This acknowledgment highlights the company's focus on innovation in the CPQ space, as expressed by CEO Andres Reiner. Gartner notes that Leaders excel in execution through successful customer deployments and high satisfaction scores. Additionally, PROS ranked among the top vendors in sales use cases, showcasing its strength in delivering omnichannel experiences.
PROS Holdings, Inc. (NYSE: PRO) reported Q3 2022 financial results with subscription revenue reaching $51.8 million, a 17% increase year-over-year. Total revenue grew 12% to $70.3 million. Subscription gross margin improved to 73%, while non-GAAP subscription gross margin rose to 77%, up over 500 basis points.
The company welcomed new clients including ABB and GE Healthcare, and expects to achieve an adjusted EBITDA of $(22.5) to $(21.5) million for the full year, raising guidance for total revenue and subscription revenue.
PROS Holdings, Inc. (NYSE: PRO) will release its Q3 2022 financial results on November 1, 2022, after market close. A conference call to discuss these results is scheduled for the same day at 4:45 p.m. ET. PROS is recognized for its advanced AI solutions, helping companies like Cargill and Honeywell achieve significant efficiency and revenue improvements. With over 30 million AI models, PROS significantly processes more than 2 trillion transactions annually. Investors can access the call via phone or the company's Investor Relations webpage.
PROS has partnered with Qatar Airways Cargo, enhancing its position as a leader in the air cargo sector. PROS' Smart Price Optimization and Configure Price Quote solutions aim to optimize real-time pricing, driving up to 3% profit improvements and 5% win rate increases for customers. The collaboration will facilitate quicker, customized offers for clients while addressing the industry's digital transformation challenges. With this partnership, PROS now powers three of the top six international cargo carriers, emphasizing its strategic contribution to the air cargo market.
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