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), 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.
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.
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.
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.
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.
FAQ
What is the current stock price of Pros Holdings (PRO)?
What is the market cap of Pros Holdings (PRO)?
What does Pros Holdings, Inc. do?
What kind of solutions does PROS offer?
Who are the customers of PROS?
How does PROS's technology help businesses?
What channels do PROS's solutions support?
In which regions does PROS generate revenue?
How does PROS enhance customer experience?
What recent achievements has PROS made?
How can I learn more about PROS?
What industries does PROS serve?
