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) 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.
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.
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.
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.
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.
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.
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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