Pros Holdings Stock Price, News & Analysis

PROS (NYSE: PRO) announced new editions of its SaaS-based PROS Group Sales Optimizer, aimed at helping airlines like Etihad enhance group ticket sales through self-service channels. The solution is designed to improve conversion rates by up to 50% and boost revenue streams by 26%, addressing the industry's recovery from a 66.3% decline in passenger demand. The GSO Editions include tools for dynamic pricing and automation to streamline the booking experience, enabling airlines to adapt to market demands and enhance customer satisfaction.

PROS (NYSE: PRO) announced that Cathay Pacific has successfully implemented its SaaS-based Group Sales Optimizer and OneSearch solutions. This move aims to enhance group travel bookings, improving pricing accuracy and streamlining contract management. The integration is part of Cathay Pacific's digital transformation strategy, focusing on increasing revenue while providing a better customer experience. The PROS solutions utilize AI innovations to optimize pricing and booking efficiency, reducing processing times from days to minutes.

PROS (NYSE: PRO) has been certified as a 2020-2021 Great Place to Work, reinforcing its commitment to a positive workplace culture. The certification is based on employee feedback, with 94% of staff affirming PROS as a great workplace. Key highlights include 96% of employees feeling welcomed upon joining and 95% expressing pride in their affiliation with the company. PROS emphasizes a people-first culture, fostering inclusion through Employee Resource Groups and providing resources for career development and flexible work-life balance.

PROS (NYSE: PRO) has appointed Sherry Lautenbach as Senior Vice President, Global B2B Sales, tasked with driving enterprise adoption of PROS solutions. With over 25 years of experience in enterprise SaaS sales, her previous roles include Senior VP for Cloud Sales at Oracle and leadership positions at Nutanix and IBM. Lautenbach aims to enhance customer experiences and accelerate growth in the digital economy by optimizing sales processes across channels. PROS continues to assert its leadership in AI-powered solutions that streamline pricing and selling for B2B companies.

PROS (NYSE: PRO) will announce its fourth quarter and full year financial results for the period ending December 31, 2020, after U.S. market close on February 4, 2021. The company will also host a conference call that same day at 4:45 p.m. EST to discuss results and business outlook. Investors can access the call at 1-877-407-9039 or through the live and archived webcasts on www.pros.com. A replay will be available until February 18, 2021.

PROS (NYSE: PRO) has appointed Martin Simoncic as its new Chief Customer Officer (CCO), succeeding John C.P. Allessio, who is retiring in mid-January 2021. Simoncic brings extensive experience in customer success and professional services from his previous roles at PROS and Vertafore. His focus will be on enhancing customer engagement and platform adoption, aligning with PROS' aggressive growth strategy. The company aims to leverage Simoncic's expertise to strengthen its customer-centric culture, which is critical for maximizing the lifetime value of its AI-powered solutions.

PROS (NYSE: PRO) has launched the PROS Connector for Real-Time Pricing, enhancing pricing strategies for Magento Commerce merchants. This development allows real-time, optimized pricing capabilities, addressing critical challenges B2B companies face in establishing quick, market-relevant prices. The solution boasts features like sub-second price delivery and high-performance scalability, ensuring a seamless buying experience. PROS leverages over 30 years of AI expertise to offer solutions that facilitate rapid pricing adjustments across multiple sales channels.

PROS (NYSE: PRO) has expanded its collaboration with Adobe to include Magento Commerce, enhancing eCommerce solutions for B2B organizations. This partnership introduces the PROS Connector for Real Time Pricing, enabling businesses to optimize customer buying experiences across various channels. With the growth of digital commerce, PROS aims to meet the evolving needs of B2B buyers by delivering personalized recommendations and real-time pricing. The collaboration is expected to enhance competitiveness for Magento customers in the digital marketplace.

PROS (NYSE: PRO) announces the availability of its AI-powered pricing solutions, PROS Control and PROS Guidance, for online purchase on the SAP App Center. These tools are designed to enhance revenue and streamline pricing strategies for businesses using SAP solutions, providing advantages like real-time price optimization and centralized price governance. PROS has maintained a strong partnership with SAP for over a decade, emphasizing its role in delivering integrated solutions for B2B companies aiming to excel in the digital economy.