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Pros Holdings (PRO)
NYSE:PRO
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.12Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: 3.01%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance by PROS Holdings, with notable revenue growth, improved margins, and strategic customer wins. Despite this, there are challenges including currency impacts, slower projected growth, and ongoing leadership transitions. The company's strategic focus on AI, innovation, and market leadership positions it well for future growth.Company Guidance
During the PROS Holdings Fourth Quarter 2024 Earnings Conference Call, the company reported a robust performance with key metrics reflecting strong financial health and growth. Subscription revenue grew by 14% year-over-year in Q4, contributing to a 14% increase for the entire year. Total revenue saw a 10% rise in Q4, culminating in a 9% growth for the year. Adjusted EBITDA reached approximately $30 million, marking a significant 400% increase from the previous year. The company also achieved a record high non-GAAP subscription gross margin of 81% in Q4 and expanded its free cash flow margin by four percentage points year-over-year to 8%. The guidance for 2025 projects continued double-digit subscription growth and further profitability, with subscription ARR expected to grow by 10% and total revenue by 9%. These strong figures underscore PROS Holdings' strategic focus on AI-driven innovation and its effective land, realize, and expand strategy, with notable advancements in its AI capabilities and product offerings, including the launch of over 560 new features in 2024.Strong Revenue Growth
PROS Holdings reported a 14% increase in subscription revenue and a 10% increase in total revenue year-over-year for Q4 2024. For the full year, subscription revenue grew by 14% and total revenue by 9%.
Significant Improvement in Adjusted EBITDA
The company reported approximately $30 million in adjusted EBITDA for the year, representing a 400% improvement compared to 2023.
High Subscription Gross Margin
Achieved a record high non-GAAP subscription gross margin of 81% in Q4 2024.
Recognition and Leadership in CPQ Market
PROS Holdings was named a leader in the latest Gartner Magic Quadrant and IDC Marketscape for Configure Price Quote applications.
Strong Customer Wins and Expansions
New customer acquisitions in Q4 included Brady+, HBK, and Werner Electric, with notable expansions from Air Canada and Lufthansa.
Positive Cash Flow and Investment Position
Generated $23.5 million in free cash flow in Q4 2024 and exited the year with $172 million in cash and investments.
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PRO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PRO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $24.92 | $27.29 | +9.51% |
| Oct 29, 2024 | $19.38 | $20.85 | +7.59% |
| Jul 30, 2024 | $25.47 | $24.10 | -5.38% |
| May 07, 2024 | $32.97 | $30.56 | -7.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pros Holdings (PRO) report earnings?
Pros Holdings (PRO) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Pros Holdings (PRO) earnings time?
Pros Holdings (PRO) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRO EPS forecast?
PRO EPS forecast for the fiscal quarter 2025 (Q1) is 0.12.
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