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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 has announced a groundbreaking partnership with TAC Index to provide its customers with enhanced visibility into air cargo pricing, allowing for better price optimization during fluctuating market conditions. This integration is designed to help businesses maintain profit margins amidst ongoing supply chain disruptions. By utilizing TAC’s data within the PROS Platform, customers can swiftly adjust pricing strategies, positioning themselves competitively. The move aims to bolster revenue optimization, particularly in the volatile air cargo environment.
PROS has announced the selection of its Smart Price Optimization and Management solution by B Braun Medical Inc. to enhance its global pricing strategy. This AI-powered pricing tool enables B Braun to execute personalized, market-relevant pricing adjustments swiftly, ensuring competitive offerings and improved revenue. The integration with Enable for rebate management further streamlines pricing strategies, allowing B Braun to maintain flexibility and control over its pricing across regions. The collaboration underlines PROS' role as a leader in SaaS solutions for pricing optimization, amid rapidly changing market dynamics.
PROS (NYSE: PRO) has been recognized as a winner in the CRM Watchlist 2022 for its innovation, strong corporate culture, and customer relationships. This marks the seventh consecutive win since 2014, highlighting PROS' market leadership in SaaS solutions for optimizing shopping and selling experiences. Paul Greenberg praised PROS for its advanced AI/ML platform in price optimization and its exceptional customer relationships. CEO Andres Reiner expressed gratitude for the recognition, emphasizing their commitment to innovation and helping clients outperform in competitive markets.
PROS Holdings (NYSE: PRO) will participate in-person at the Morgan Stanley Technology, Media & Telecom Conference from March 7-10, 2022 in San Francisco. CFO Stefan Schulz and Belinda Overdeput, Director of Investor Relations, will hold one-on-one investor meetings and participate in a fireside chat on March 8, 2022 at 4:45 p.m. PST. A webcast of the chat will be available on the company's website for 90 days following the event. PROS specializes in SaaS solutions that enhance shopping and selling experiences.
PROS Holdings, Inc. (NYSE: PRO) reported its fourth quarter and full year 2021 results, showing a 7% year-over-year revenue increase to $65.0 million in Q4. Subscription revenue rose 10% to $47.0 million. However, the company faced a net loss of $23.6 million, worsened from $18.2 million the previous year. For FY 2021, total revenue was $251.4 million, slightly down from $252.4 million in 2020. The outlook for Q1 2022 anticipates revenue between $65.0 to $66.0 million, reflecting a 7% increase year-over-year, while adjusted EBITDA losses are projected between $(12.0) to $(11.0) million.
PROS (NYSE: PRO) has been recognized in the Constellation ShortList™ for Price Optimization for Q1 2022, marking the fifth consecutive year of this validation. The company's AI-powered Smart Price Optimization and Management solution allows businesses to optimize billions of prices in real-time, adapting to market dynamics such as inflation and supply chain disruptions. PROS offers a unified SaaS Platform tailored for digital selling transformations, enhancing enterprises' pricing strategies to boost sales and margins.
PROS (NYSE: PRO) has been recognized on the Constellation ShortList™ for Configure, Price, Quote (CPQ) for Q1 2022, marking its fifth consecutive year of validation. This recognition underscores PROS' ability to enhance digital selling transformation for organizations. The PROS Smart Configure Price Quote solution leverages advanced AI to empower sales reps, facilitate faster customer quote responses, and optimize pricing strategies. By aligning with the needs of B2B buyers, PROS aims to provide seamless, personalized experiences essential for competitive advantage in digital sales.
PROS Holdings (NYSE: PRO) has announced a five-year strategic alliance with Microsoft, enhancing its existing relationship. This go-to-market agreement aims to boost the adoption of digital selling technologies, leverage AI, and optimize sales processes through PROS Smart Configure Price Quote and Microsoft Dynamics 365. Gartner predicts that by 2025, 75% of B2B sales organizations will embrace AI-powered selling solutions. The collaboration seeks to provide companies with seamless digital experiences, improving customer engagement and revenue consistency.
PROS (NYSE: PRO) announces that Royal Brunei Airlines has chosen its Revenue Management Essentials+ (RME+) solution to enhance revenue management and digital transformation strategies. RME+ utilizes AI-powered demand forecasting to optimize revenue across regional and long-haul traffic. This partnership positions RB to strengthen its competitive advantage in a challenging market, aligning with its growth plans. PROS aims to fulfill RB's commercial objectives through innovative revenue management capabilities.
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