Pros Holdings Stock Price, News & Analysis

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.

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.