PROS Holdings ( (PRO) ) has released its Q4 earnings. Here is a breakdown of the information PROS Holdings presented to its investors.
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PROS Holdings, Inc. is a prominent provider of AI-driven SaaS pricing and selling solutions, catering to a diverse range of industries such as airlines, manufacturing, and distribution, helping businesses optimize their revenue and margin improvements through advanced predictive insights.
The company reported a robust financial performance for the fourth quarter and the full year 2024, highlighted by a 10% increase in total revenue for the fourth quarter, reaching $85 million. Subscription revenue showed a significant 14% year-over-year growth during the same period, reflecting strong demand for PROS’ solutions.
Key financial metrics from the report include a remarkable 73% increase in operating cash flow for the fourth quarter, totaling $24 million. PROS also achieved a 400% improvement in adjusted EBITDA for the year 2024. The company continued to expand its customer base, welcoming new clients and deepening its relationship with existing ones. Notably, PROS was recognized as a leader in several industry evaluations, underscoring its market leadership and innovation.
Looking ahead, PROS Holdings, Inc. remains optimistic about its growth trajectory, projecting continued revenue and subscription growth for 2025. The company’s strategic focus on expanding its customer base and enhancing its AI-driven solutions positions it well for future success.
