Pros Holdings Stock Price, News & Analysis

PROS Holdings, Inc. (NYSE: PRO) announced participation in several virtual investment conferences in June 2021 to discuss its AI-powered solutions aimed at optimizing sales in the digital economy. Key events include the Stifel 2021 Conference on June 8 and the Bank of America 2021 Global Technology Conference on June 9. These sessions will be livestreamed and later archived on PRO's website. The company's software enhances pricing and sales efficiency for market leaders, emphasizing its commitment to innovative solutions in a competitive landscape.

PROS Holdings, Inc. (NYSE: PRO) announces the appointment of Leland T. "Lee" Jourdan as an independent director, effective June 1, 2021. With significant experience in business development and diversity initiatives in the Oil & Gas sector, Jourdan recently retired from Chevron, where he held various senior roles. His expertise in DEI will support PROS’ goals in scaling global operations and enhancing corporate values. Leadership expresses optimism about the added value Jourdan will bring to the board amid a shifting business landscape.

PROS (NYSE: PRO) announced the successful completion of the inaugural Airline Digital Retailing Academy, a five-week training program in partnership with Diggintravel. Airlines worldwide participated to learn how to enhance digital customer experiences and drive post-pandemic recovery. Key curriculum initiatives include pricing control, digital self-service technology, and customer data insights. The program aims to equip airline professionals with the tools necessary to adapt to evolving traveler expectations while generating new revenue streams.

PROS Holdings, Inc. (NYSE: PRO) has announced its participation in upcoming virtual investment conferences in May. CFO Stefan Schulz and Senior Manager of Investor Relations Belinda Overdeput will represent the company at the Needham Virtual Technology & Media Conference on May 18, 2021, followed by the J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2021. The events will include live webcast discussions and investor meetings, with replays available on the company's Investor Relations website.

PROS Holdings, Inc. (NYSE: PRO) reported Q1 2021 financial results with a total revenue of $61.4 million, a 7% decline year-over-year. Subscription revenue dipped 1% to $42.6 million. Despite these declines, the company welcomed new clients like United Airlines and was named a top Microsoft partner. Operating loss improved to $(20.6 million), and net loss per share reduced to $(0.50). For Q2 2021, the revenue guidance is $61.0 to $62.0 million, while full-year guidance remains stable.

PROS (NYSE: PRO) announced it will release its financial results for Q1 2021 on May 4, 2021, post-market close. A conference call to discuss these results and future outlook will be held the same day at 4:45 PM EDT. Investors can access the call by dialing 1-877-407-9039 or 1-201-689-8470. The results will be available on the company's website and a replay of the call will be accessible until May 18, 2021. PROS specializes in AI-powered solutions that enhance pricing and sales processes in a digital economy, helping clients optimize their selling strategies.

PROS (NYSE: PRO) has announced a strategic partnership with ISB AG to enhance its implementation, integration, and support services across Germany, Austria, and Switzerland. This collaboration aims to provide industry-leading AI-powered pricing solutions to businesses in the DACH region, addressing the growing complexity of pricing in digital sales. With ISB AG's extensive experience in price management, the partnership is expected to facilitate successful implementations and support the digital transformation of B2B companies.

PROS (NYSE: PRO) has launched PROS Dynamic Offers, an advanced offer management solution designed for airlines. This tool provides airlines with the ability to create science-based offers for passengers across all channels, enhancing customer experiences and potentially increasing conversion rates. The airline industry aims to grow by 2.8 billion passengers in 2021, which drives demand for digital solutions. The solution emphasizes dynamic pricing, personalized offers, and improved distribution, aligning with the industry's shift towards omnichannel retailing.

PROS (NYSE: PRO) has appointed Katrina Klier as the new Chief Marketing Officer, reporting to COO Les Rechan. Klier, with over 25 years of experience in tech, will focus on aligning global marketing strategies to enhance demand generation and brand visibility. Previously instrumental at Accenture, where she nearly doubled brand value, and at Microsoft, her expertise in data analytics and digital marketing is expected to drive PROS' growth in AI-powered solutions. Klier aims to enhance customer engagement and support the company's digital transformation efforts.