Welcome to our dedicated page for Pros Holdings news (Ticker: PRO), a resource for investors and traders seeking the latest updates and insights on Pros Holdings stock.
The PROS Holdings, Inc. news feed for the former NYSE ticker PRO provides a historical record of how the company communicated its strategy, product developments, financial performance and corporate transactions while it was publicly listed. PROS described itself as a leading provider of AI-powered SaaS pricing and selling solutions, and its news releases reflect that focus on intelligent commerce, revenue and pricing science, and omnichannel shopping and selling experiences.
In these archived articles, readers can review earnings announcements that detail quarterly financial results, including discussions of subscription revenue, total revenue, gross margins and the use of non-GAAP metrics such as adjusted EBITDA and subscription annual recurring revenue. The company’s releases also highlight business highlights such as new customer wins, expansions with existing customers and recognition from industry analysts and awards programs.
Product and partnership news includes updates on offerings like PROS Smart CPQ and Smart Price Optimization and Management, as well as integrations with platforms such as SAP S/4HANA Cloud, SAP Business Technology Platform and Commerce (formerly BigCommerce). These items explain how PROS positioned its AI-powered pricing and CPQ capabilities within broader enterprise technology ecosystems.
A significant portion of the later news flow centers on corporate transactions. In 2025, PROS announced a definitive agreement to be acquired by investment funds affiliated with Thoma Bravo, followed by additional releases outlining strategic plans for its travel and B2B segments and Conga’s intent to acquire the B2B business. Subsequent SEC filings and press releases confirm completion of the merger and the transition of PROS from a public company to a privately held entity.
Investors and researchers can use this news archive to understand how PROS evolved its AI-powered pricing and selling platform, how it reported its financial performance, and how the acquisition by Thoma Bravo and related segment plans were communicated to the market.
PROS Holdings (NYSE: PRO) has been named a Leader in the 2025 ISG Configure, Price, Quote (CPQ) Buyers Guide. The company achieved top ratings in both Product and Customer Experience categories among 18 evaluated vendors. PROS Smart CPQ solution was particularly recognized for its AI-powered capabilities in improving pricing responsiveness, guidance, and accuracy.
The recognition from Information Services Group (ISG) highlights PROS' effectiveness in addressing enterprise challenges in configuring, pricing, and quoting complex products and services. The solution helps companies manage configuration complexity, dynamic pricing, and buyer-specific terms while maintaining consistency, compliance, and profitability at scale.
PROS Holdings (NYSE: PRO), a provider of AI-powered SaaS pricing and selling solutions, has announced its participation in the upcoming Baird 2025 Global Consumer, Technology & Services Conference in New York. The company will be represented by CFO Stefan Schulz and Head of IR Belinda Overdeput in a fireside chat scheduled for June 4, 2025, from 2:00 PM to 2:30 PM ET. Investors can access the live webcast and recording of the event through PROS' Investor Relations website at pros.com.
PROS Holdings (NYSE: PRO) announced the winners of its second annual 2025 Customer Outperformer Awards, celebrating customers who demonstrate excellence in innovation and growth through the use of PROS Platform and AI capabilities. The awards saw double the applications compared to 2024, highlighting growing adoption of PROS technology.
Winners were recognized across four categories: Innovator (Lufthansa Group, ADI | SnapOne), Profit Booster (United Airlines, Wilbur-Ellis), Growth Catalyst (SriLankan Airlines, Europcar Mobility Group), and Digital Pioneer (Siemens Smart Infrastructure, Cathay Pacific). These companies represent various industries including airline, distribution, manufacturing and services.
PROS Holdings (NYSE: PRO) launched its flagship event, Outperform with PROS 2025, at The Cosmopolitan of Las Vegas, running from May 12-14, 2025. The conference focuses on AI-powered innovation in commerce and brings together global executives and industry leaders.
Key sessions include: Dr. Michael Wu's workshop on AI workplace integration, CEO Andres Reiner's exploration of AI knowledge engines, Forrester Principal Analyst Rick Bradberry's insights on revenue super cycles, and PROS executives showcasing the latest AI innovations across the PROS Platform.
The 3-day conference aims to provide actionable insights into price optimization, revenue management, and customer engagement through expert-led sessions, hands-on experiences, and networking opportunities.
PROS Holdings (NYSE: PRO) has appointed Jeff Cotten as its new President and CEO, effective June 2, 2025. Cotten, who succeeds retiring CEO Andres Reiner, brings over 20 years of enterprise technology experience, having previously served as Chairman and CEO of Alvaria, CEO of Tenfold, and held senior leadership positions at Rackspace where he managed a $2+ billion business.
Reiner will transition to a senior advisory role for one year to ensure a smooth handover. Under his leadership, PROS transformed into a market-leading AI-powered SaaS company, expanding into new verticals and completing a successful SaaS transition. Cotten's appointment comes at a strategic time as companies accelerate their AI adoption, with PROS positioned to leverage its domain expertise in agentic and prescriptive AI solutions.
PROS Holdings (NYSE: PRO) reported strong Q1 2025 financial results, with subscription revenue reaching $70.8 million, up 10% year-over-year. The company's total revenue grew 7% to $86.3 million, while subscription gross margin improved by 160 basis points to 81% (non-GAAP). Operating cash flow saw a significant improvement of 126% year-over-year.
The company reduced its GAAP operating loss to $3.8 million from $10.3 million in Q1 2024, while non-GAAP operating income increased 111% to $7.8 million. PROS welcomed new customers including Air Haifa and Southwest, while expanding relationships with existing clients like Air Canada and Medtronic. For Q2 2025, PROS expects total revenue of $87.0-88.0 million and subscription revenue of $72.0-72.5 million.
PROS (NYSE: PRO), the AI-powered SaaS pricing and selling solutions provider, has announced an Investor Q&A Session at their annual user conference, Outperform with PROS 2025. The session will be held at The Cosmopolitan in Las Vegas on May 14, 2025, from 7:15 AM PT to 8:15 AM PT.
The event will feature a live Q&A with PROS executive management team and is part of the larger three-day conference starting May 12, 2025. The conference, recognized as one of the world's leading AI conferences, will showcase immersive sessions and thought leadership on AI-driven business strategies.
Investors and financial analysts can choose to attend either in person by registering through the Outperform website or virtually via pre-registration. A webcast replay will be available post-event on the company's Investor Relations website.