PROS Holdings' shares have risen 20% after the company exceeded its Q3 earnings guidance for both revenue and profitability. Overall revenue grew 7% year-over-year, while high-margin subscription revenue saw a stronger 12% increase. I expect FCF margins to expand from 7% this year to 15% by 2026, driven by improved gross margins and operating leverage as the business continues to scale.
HOUSTON--(BUSINESS WIRE)-- #CMO--PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced the appointment of Colleen Langevin as Chief Marketing Officer (CMO). Langevin brings more than 20 years of experience in driving go-to-market success for B2B and B2C companies, building strong brands and helping to accelerate revenue growth for ...
PROS Holdings, Inc. (NYSE:PRO ) Q3 2024 Earnings Conference Call October 29, 2024 4:45 PM ET Company Participants Belinda Overdeput - Senior Director, Investor Relations Andres Reiner - President and CEO Stefan Schulz - Chief Financial Officer Conference Call Participants Scott Berg - Needham & Company Parker Lane - Stifel Rob Oliver - Baird Zane Meehan - KeyBanc Capital Markets Brian Schwartz ...
HOUSTON--(BUSINESS WIRE)--PROS Holdings, Inc. (NYSE: PRO) a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced that its President and Chief Executive Officer, Andres Reiner, intends to retire from the Company. Mr. Reiner will remain in his role through the completion of the search for his successor and serve as an advisor...
HOUSTON--(BUSINESS WIRE)--PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced financial results for the third quarter ended September 30, 2024. “I'm proud of our team for delivering a strong third quarter where we exceeded the high-end of our guidance ranges across all metrics,” stated CE...
HOUSTON--(BUSINESS WIRE)-- #artificialintelligence--PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced PROS Smart Rebate Management as part of its latest Platform release. This innovation automates and streamlines the management of rebates and rebate processes. By automating and unifying rebates, pricing, and selling capabilitie...
HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, will release its financial results for the third quarter 2024 ended September 30, 2024, after the U.S. financial markets close on Tuesday, October 29, 2024. PROS Holdings, Inc. will host a conference call on Tuesday, October 29, 2024, at 4:4...
HOUSTON--(BUSINESS WIRE)--PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced that company management will participate in the following investor conferences in August 2024. KeyBanc Capital Markets Technology Leadership Forum | Vail, CO Sunil John, Chief Product Officer and Belinda Overdep...
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