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Mar 31, 2020
Pros Q1 2020 Earnings Report
Reported strong revenue growth, embracing virtual operations and aiding customers in digital selling transition.
Key Takeaways
PROS Holdings, Inc. announced its Q1 2020 financial results, demonstrating strong revenue growth with a focus on supporting customers during challenging times. The company has successfully shifted to virtual operations and delivered solid financial performance.
Subscription revenue increased by 40% year-over-year, reaching $43.2 million.
Total revenue grew by 18% year-over-year, amounting to $66.3 million.
PROS extended its leadership position in Guidance solutions through strategic innovations.
The company proactively shifted to fully virtual operations across its global offices to ensure the safety and well-being of its employees, customers, and communities.
Revenue by Segment
Forward Guidance
PROS anticipates total revenue between $60.0 to $61.0 million and subscription revenue between $39.5 to $40.5 million for Q2 2020. The company expects non-GAAP loss per share to be between $(0.22) to $(0.20) and adjusted EBITDA to be between $(11.5) to $(10.5) million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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