Loading...
•
Jun 30, 2021
Pros Q2 2021 Earnings Report
Reported financial results for the second quarter ended June 30, 2021.
Key Takeaways
PROS Holdings, Inc. reported a decrease in total revenue by 2% compared to the prior-year period, while subscription revenue increased by 4%. The company launched its next-generation SaaS editions on the PROS Platform and Extensible AI.
Launched next-generation SaaS editions for the PROS Platform, including PROS Smart Price Optimization and Management and PROS Smart Configure, Price, Quote.
Launched Extensible AITM, enabling businesses to integrate their own algorithms into the PROS Platform.
Welcomed new customers such as Eneco, Hawaiian Airlines, Kawneer, LafargeHolcim, and USG Corporation.
Collaborated with Diggintravel to deliver the Airline Digital Retailing Academy.
Revenue by Segment
Forward Guidance
PROS anticipates total revenue between $61.7 million and $62.7 million and non-GAAP loss per share between $(0.23) and $(0.21) for Q3 2021. For the full year 2021, the company anticipates total revenue between $250.5 million and $253.5 million.
Positive Outlook
- Total revenue is expected to be between $61.7 million and $62.7 million for Q3 2021.
- Subscription revenue is expected to be between $44.0 million and $44.5 million for Q3 2021.
- ARR is expected to be between $212.0 million and $217.0 million for the full year 2021.
- Total revenue is expected to be between $250.5 million and $253.5 million for the full year 2021.
- Subscription revenue is expected to be between $176.5 million and $179.5 million for the full year 2021.
Challenges Ahead
- Non-GAAP loss per share is expected to be between $(0.23) and $(0.21) for Q3 2021.
- Adjusted EBITDA is expected to be between $(10.0) million and $(9.0) million for Q3 2021.
- Free cash flow is expected to be negative for Q3 2021.
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
Loading earnings performance data...
Loading earnings reaction data...