Pros Holdings Stock Price, News & Analysis

PROS Holdings (NYSE: PRO), a SaaS solutions provider, announced its participation in two virtual investment conferences in August 2021. The first is the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 10, featuring VP of Finance Alex Harrington. The second is the KeyBanc Virtual Technology Leadership Forum on August 11, with CFO Stefan Schulz. Live webcasts of both events will be available on the company's Investor Relations website, with replays archived for future access.

PROS Holdings, Inc. (NYSE: PRO) reported Q2 2021 financial results, revealing a 2% decline in total revenue to $62.4 million. However, subscription revenue grew by 4% to $44.2 million. The company recorded a gross profit of $36.0 million, a 5% decrease year-over-year. Operating loss increased slightly to $16.3 million, and net loss per share was $0.41. PROS launched next-generation SaaS editions aimed at enhancing sales experiences and welcomed new customers including Eneco and Hawaiian Airlines. Guidance for Q3 2021 suggests total revenue between $61.7 million and $62.7 million.

On August 2, 2021, Outreach announced Melton Littlepage as its new Chief Marketing Officer. Littlepage brings extensive experience from Tenable and New Relic, aiming to enhance Outreach's marketing strategy and drive growth. Additionally, Stefan Schulz joined Outreach's Board of Directors, bringing over 30 years of financial expertise, particularly as CFO of PROS Holdings. Outreach, a leading sales intelligence platform, continues to expand its influence and innovation in the sector, supporting over 4,800 companies with its AI-powered solutions.

PROS (NYSE: PRO) announced the launch of its next-generation intelligent SaaS editions for the PROS Platform, aimed at enhancing digital selling strategies across various sales channels. With insights from Gartner predicting a shift to 80% digital B2B interactions by 2025, PROS emphasizes the need for integrated omnichannel experiences to engage customers effectively. The new pricing and selling solutions offer rapid adoption capabilities for businesses of all sizes, leveraging AI to optimize revenue in fluctuating market conditions. The solutions include Smart Price Optimization and Smart Configure Price Quote editions.

PROS (NYSE: PRO), a leader in AI-powered solutions for digital sales optimization, will announce its Q2 2021 financial results on August 3, 2021, after U.S. market close. A conference call is scheduled for 4:45 p.m. EDT on the same day, offering insights into the company’s financial performance and business outlook. Investors can access the call at 1-877-407-9039 or via the PROS website for live and archived webcasts. PROS specializes in pricing, configuring, and selling products efficiently in an omnichannel environment.

PROS (NYSE: PRO) has been chosen by Hawaiian Airlines to implement its Revenue Management Advantage solution, aimed at enhancing revenue growth through accurate demand forecasting and optimized pricing strategies. As the largest airline in Hawaii, Hawaiian Airlines emphasizes the need for advanced revenue management to recover from the pandemic's impact on travel demand. PROS' AI-powered platform ensures seamless scalability and supports the airline's future growth ambitions.

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.