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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. (NYSE: PRO) has announced participation in two significant investment conferences in August 2022. The KeyBanc Technology Leadership Forum will take place in Vail, CO, featuring a fireside chat with CEO Andres Reiner on August 8 at 1:00 PM EDT. On August 10, CFO Stefan Schulz will participate in a virtual Oppenheimer Annual Technology, Internet & Communications Conference at 2:05 PM EDT. Live webcasts will be available on their Investor Relations page, providing insights into their SaaS solutions aimed at optimizing shopping and selling experiences.

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PROS Holdings, Inc. (NYSE: PRO) announced strong financial results for Q2 2022, raising its full-year revenue guidance. Total revenue reached $68.4 million, a 10% increase year-over-year, with subscription revenue at $50.4 million, up 14%. Subscription gross margin improved to 73%. The company reported a net loss of $22.4 million, with a loss per share of $0.50. Despite losses, PROS more than doubled its deal count from the previous year. The firm aims to continue growth, expecting Q3 2022 total revenue of $68.0 to $69.0 million.

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PROS (NYSE: PRO), a leading provider of SaaS solutions, has been selected by Lufthansa Group to implement its Revenue Accelerator Program. This initiative will integrate PROS Revenue Management and Real Time Dynamic Pricing solutions across Lufthansa's seven airline brands, enhancing revenue maximization through real-time demand forecasting and unified pricing. With nearly 35 years of partnership, this decision underscores PROS's technological value in improving operational efficiency and agility in a complex marketplace.

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PROS Holdings, Inc. (NYSE: PRO) will announce its financial results for Q2 2022, concluding on June 30, 2022, after U.S. markets close on July 28, 2022. A conference call to discuss these results will take place the same day at 4:45 p.m. EDT. Interested parties can access the call by dialing 1-877-407-9039 or visiting the Investor Relations section of their website. PROS specializes in SaaS solutions that enhance shopping and selling experiences through AI and automation, serving both B2B and B2C markets.

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PROS Holdings, Inc. (NYSE: PRO), a leader in SaaS solutions for optimizing shopping and selling experiences, announced its participation in several investment conferences in June 2022. Notable events include the Craig-Hallum Institutional Investor Conference on June 1, the Baird’s 2022 Global Consumer, Technology & Services Conference on June 7, and the Stifel 2022 Cross Sector Insight Conference on June 8. Key executives, including CEO Andres Reiner and CFO Stefan Schulz, will lead the discussions, showcasing the company's innovative PROS Platform.

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PROS has appointed Grad Conn as its new Chief Marketing Officer, reporting to CEO Andres Reiner. Conn brings extensive experience from roles at Sprinklr and Microsoft, focusing on enhancing customer experiences and brand building.

His expertise is expected to propel PROS in managing market volatility and extending its leadership in SaaS solutions for optimizing shopping and selling experiences. Conn emphasized the company's advanced AI technology and its potential for significant value creation.

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PROS Holdings, Inc. (NYSE: PRO), a leader in SaaS solutions for optimizing shopping and selling experiences, announced management's participation in key investment conferences in May 2022. CFO Stefan Schulz and Director of Investor Relations Belinda Overdeput will engage in fireside chats at the 17th Annual Needham Technology & Media Conference on May 17 and the J.P. Morgan 2022 Global Technology, Media and Communications Conference on May 25. Live webcasts and archives will be accessible via the company's Investor Relations page.

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PROS Holdings, Inc. (NYSE: PRO) reported Q1 2022 revenue of $66.5 million, an 8% increase year-over-year, with subscription revenue up 14% to $48.8 million. Recurring gross margin improved to 76%. Despite the growth, the company faced an operating loss of $26.5 million and a net loss of $28.6 million. Looking ahead, PROS provides Q2 2022 guidance of $66.0 to $67.0 million in total revenue and expects a non-GAAP loss per share between $(0.19) and $(0.17). Recent business wins, including major clients, underscore its critical role in driving revenue growth amid economic challenges.

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PROS (NYSE: PRO) will report its Q1 2022 financial results after U.S. market close on May 3, 2022. The company will host a conference call at 4:45 PM EDT to discuss the results and future outlook. Investors can access the webcast via the Investor Relations section of PROS' website. A replay of the call will be available until May 17, 2022.

PROS specializes in SaaS solutions to enhance shopping and selling experiences through business AI and process automation.

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PROS has announced that Air Europa will utilize its Digital Retail solution to enhance customer-focused digital shopping experiences. This partnership aims to increase conversion rates and ancillary revenue across the booking journey, allowing travelers to make informed purchasing decisions. With coverage to over 44 destinations, Air Europa aims to leverage PROS technology to outperform competitors in both low-cost and full-service segments. The alliance underscores a commitment to providing seamless, personalized travel experiences.

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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
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