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Procore Technologies, Inc. - $PCOR STOCK NEWS

Welcome to our dedicated page for Procore Technologies news (Ticker: $PCOR), a resource for investors and traders seeking the latest updates and insights on Procore Technologies stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Procore Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Procore Technologies's position in the market.

Rhea-AI Summary
Flowspace announces key executive promotions to accelerate supply chain software and solutions. Anne Hallock named Chief Revenue Officer, Frank Garcia named SVP of Operations, Sam Moses named SVP of Platform, and Courtney Mohl named VP of Marketing. Flowspace's software recognized for driving excellence in demand planning and order management. Flowspace named fulfillment partner for TikTok Shop and Mirakl. Awarded Order Fulfillment Solution of the Year and Organization of the Year for customer service. Also recognized for reducing environmental impacts.
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Rhea-AI Summary
Procore Technologies, Inc. announced financial results for Q2 2023, with revenue of $229 million, a YoY increase of 33%. They added 615 net new organic customers and achieved a gross revenue retention rate of 94%. Procore also provided guidance for Q3 and FY 2023, expecting revenue growth of 24% to 26% and 28% respectively.
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-7.22%
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4.15%
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2.74%
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6.69%
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Procore Technologies, Inc.

Nasdaq:PCOR

PCOR Rankings

PCOR Stock Data

10.13B
134.16M
8.47%
84.11%
4%
Software Publishers
Information
Link
United States of America
CARPINTERIA

About PCOR

procore technologies, inc. provides cloud-based construction software to clients across the globe. using its award-winning suite of project management tools, hundreds of thousands of registered procore users manage all types of construction projects including industrial plants, office buildings, apartment complexes, university facilities, retail centers, and more. every day, we speak to construction firms still heavily relying on paper-based documentation, email chains, and spreadsheets to manage their projects. our goal is to help construction professionals increase their project success by simplifying project management with powerful collaborative software. procore helps firms drastically increase project efficiency and accountability by streamlining and mobilizing project communications and documentation. this real time data and accessibility minimizes costly risks and delays—ultimately boosting profits.