Pros Holdings Stock Price, News & Analysis

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.

PROS Holdings (NYSE: PRO) announced its participation in two virtual investment conferences in March 2021. CFO Stefan Schulz and Senior Manager Belinda Overdeput will attend the JMP Securities Technology Conference on March 1, while President & CEO Andres Reiner and VP Alex Harrington will join the Morgan Stanley Technology, Media, and Telecom Conference on March 3. The events will include live webcasts, accessible on the company’s Investor Relations website. PROS specializes in AI-powered solutions that enhance sales optimization in the digital economy.

PROS Holdings, Inc. (NYSE: PRO) reported its financial results for Q4 and full year 2020, showing a total revenue of $60.9 million, an 8% decline from $66.2 million in Q4 2019. For the full year, revenue decreased by 7% year-over-year. Despite challenges, the CEO emphasized a record number of customer go-lives and a strategic focus on digital selling, anticipating that 80% of B2B interactions will be digital by 2025. The company’s position in AI-driven solutions for the digital economy remains strong.

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.