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.
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PROS Holdings, Inc. (NYSE: PRO) will host its Analyst Day on May 23, 2023, during the Outperform 2023 conference in Denver, CO. The event, scheduled from 1:30 p.m. to 3:30 p.m. MT, will feature a panel of PROS customers and presentations by the executive management team, followed by a live Q&A session. Investors can register for the event either in-person or virtually through the company's website. A discounted registration rate of $395 is available for investors attending additional sessions of the conference, which starts on May 22, 2023. PROS is recognized for its AI capabilities in CPQ and price optimization, helping businesses like Cargill and Siemens achieve significant efficiency gains and revenue improvements.
PROS (NYSE: PRO) is set to release its financial results for Q1 2023 on May 2, 2023, after the U.S. markets close. A conference call will follow at 4:45 p.m. ET to discuss these results and the company's outlook. Investors can access the call at 1-877-407-9039 or view the webcast on the PROS website. PROS is recognized for its market-leading AI capabilities in CPQ and price optimization, reportedly delivering significant efficiency gains and revenue improvements for its customers. Notable clients include major brands like Cargill, HP, and Siemens. PROS aims to leverage its advanced AI to process over 2 trillion transactions annually.
PROS Holdings, Inc. (NYSE: PRO) announced brand ambassadors Mina Harigae and J.J. Spaun for 2023, featuring the PROS logo on their golf apparel. Harigae, starting her 14th LPGA season, aims to build on her successful 2022, including a runner-up finish at the U.S. Women’s Open. Spaun, a 2022 PGA TOUR winner, expresses pride in aligning with PROS values. Chief Marketing Officer Grad Conn emphasizes the brand's commitment to equity and inclusion. PROS is recognized for its AI-driven CPQ and price optimization, boasting significant efficiency and revenue gains for clients. The partnership aims to enhance brand visibility in professional golf.
PROS Holdings, Inc. (NYSE: PRO) reported strong financial results for Q4 and FY 2022, with subscription revenue reaching $204.0 million, a 15% year-over-year increase. The company achieved a 73% subscription gross margin, reflecting a growth of over 500 basis points. Despite a net loss of $82.2 million for FY 2022, adjusted EBITDA turned positive in the second half. For Q1 2023, the company forecasts total revenue between $70.4 million and $71.4 million, with subscription revenue expected to rise by 11%.
PROS aims for positive adjusted EBITDA and free cash flow in 2023, positioning itself to capitalize on market opportunities.
PROS (NYSE: PRO) will release its financial results for Q4 and full year 2022 on February 9, 2023, after U.S. markets close. A conference call to discuss these results and the business outlook will also be held the same day at 4:45 p.m. ET. PROS is recognized for its advanced AI capabilities in CPQ and price optimization, delivering significant efficiencies and revenue improvements to top brands. The company's solutions process over 2 trillion transactions annually, demonstrating its robust market presence and operational effectiveness.
PROS Holdings, Inc. (NYSE: PRO) has been recognized as a Leader in Gartner's 2022 Magic Quadrant for Configure, Price and Quote (CPQ) Application Suites for the second consecutive year. This acknowledgment highlights the company's focus on innovation in the CPQ space, as expressed by CEO Andres Reiner. Gartner notes that Leaders excel in execution through successful customer deployments and high satisfaction scores. Additionally, PROS ranked among the top vendors in sales use cases, showcasing its strength in delivering omnichannel experiences.
PROS Holdings, Inc. (NYSE: PRO) reported Q3 2022 financial results with subscription revenue reaching $51.8 million, a 17% increase year-over-year. Total revenue grew 12% to $70.3 million. Subscription gross margin improved to 73%, while non-GAAP subscription gross margin rose to 77%, up over 500 basis points.
The company welcomed new clients including ABB and GE Healthcare, and expects to achieve an adjusted EBITDA of $(22.5) to $(21.5) million for the full year, raising guidance for total revenue and subscription revenue.