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Jun 30, 2020
Pros Q2 2020 Earnings Report
Reported second quarter 2020 financial results.
Key Takeaways
PROS Holdings, Inc. reported financial results for the second quarter ended June 30, 2020. Subscription revenue was $42.4 million, up 21% year-over-year. Recurring revenue as a percentage of total revenue was 85%, up more than 600 basis points year-over-year.
Recognized as a continued Pricing Software Leader in the G2 Summer 2020 Report.
Named a Major Player in the IDC MarketScape Worldwide Configure Price Quote Applications for Commerce 2020 Vendor Assessment.
Welcomed new customers that are adopting our AI platform to accelerate their shift to digital selling, including Bunzl, Hempel, Ingredion, Novelis, among others.
Expanded our global partnership with Microsoft via the Business Applications ISV Connect Program.
Revenue by Segment
Forward Guidance
Based on information as of July 30, 2020, PROS currently anticipates the following based on an estimated 43.4 million basic weighted average shares outstanding and a 22% non-GAAP estimated tax rate for the third quarter ending September 30, 2020.
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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