Pros Holdings Stock Price, News & Analysis

PROS (NYSE: PRO) has been recognized as a winner in the CRM Watchlist 2022 for its innovation, strong corporate culture, and customer relationships. This marks the seventh consecutive win since 2014, highlighting PROS' market leadership in SaaS solutions for optimizing shopping and selling experiences. Paul Greenberg praised PROS for its advanced AI/ML platform in price optimization and its exceptional customer relationships. CEO Andres Reiner expressed gratitude for the recognition, emphasizing their commitment to innovation and helping clients outperform in competitive markets.

PROS Holdings (NYSE: PRO) will participate in-person at the Morgan Stanley Technology, Media & Telecom Conference from March 7-10, 2022 in San Francisco. CFO Stefan Schulz and Belinda Overdeput, Director of Investor Relations, will hold one-on-one investor meetings and participate in a fireside chat on March 8, 2022 at 4:45 p.m. PST. A webcast of the chat will be available on the company's website for 90 days following the event. PROS specializes in SaaS solutions that enhance shopping and selling experiences.

PROS Holdings, Inc. (NYSE: PRO) reported its fourth quarter and full year 2021 results, showing a 7% year-over-year revenue increase to $65.0 million in Q4. Subscription revenue rose 10% to $47.0 million. However, the company faced a net loss of $23.6 million, worsened from $18.2 million the previous year. For FY 2021, total revenue was $251.4 million, slightly down from $252.4 million in 2020. The outlook for Q1 2022 anticipates revenue between $65.0 to $66.0 million, reflecting a 7% increase year-over-year, while adjusted EBITDA losses are projected between $(12.0) to $(11.0) million.

PROS (NYSE: PRO) has been recognized in the Constellation ShortList™ for Price Optimization for Q1 2022, marking the fifth consecutive year of this validation. The company's AI-powered Smart Price Optimization and Management solution allows businesses to optimize billions of prices in real-time, adapting to market dynamics such as inflation and supply chain disruptions. PROS offers a unified SaaS Platform tailored for digital selling transformations, enhancing enterprises' pricing strategies to boost sales and margins.

PROS (NYSE: PRO) has been recognized on the Constellation ShortList™ for Configure, Price, Quote (CPQ) for Q1 2022, marking its fifth consecutive year of validation. This recognition underscores PROS' ability to enhance digital selling transformation for organizations. The PROS Smart Configure Price Quote solution leverages advanced AI to empower sales reps, facilitate faster customer quote responses, and optimize pricing strategies. By aligning with the needs of B2B buyers, PROS aims to provide seamless, personalized experiences essential for competitive advantage in digital sales.

PROS Holdings (NYSE: PRO) has announced a five-year strategic alliance with Microsoft, enhancing its existing relationship. This go-to-market agreement aims to boost the adoption of digital selling technologies, leverage AI, and optimize sales processes through PROS Smart Configure Price Quote and Microsoft Dynamics 365. Gartner predicts that by 2025, 75% of B2B sales organizations will embrace AI-powered selling solutions. The collaboration seeks to provide companies with seamless digital experiences, improving customer engagement and revenue consistency.

PROS (NYSE: PRO) announces that Royal Brunei Airlines has chosen its Revenue Management Essentials+ (RME+) solution to enhance revenue management and digital transformation strategies. RME+ utilizes AI-powered demand forecasting to optimize revenue across regional and long-haul traffic. This partnership positions RB to strengthen its competitive advantage in a challenging market, aligning with its growth plans. PROS aims to fulfill RB's commercial objectives through innovative revenue management capabilities.

PROS, a SaaS solutions provider, has updated its financial outlook for Q4 and full year 2021. The company projects Q4 total revenue between $64.0 and $64.5 million, representing a 6% increase year-over-year. However, full year revenue is expected to decline by 1% to between $250.4 and $250.9 million. Subscription revenue for Q4 is forecasted at $46.0 to $46.5 million, up 8% year-over-year. The company plans to release full financial results on February 10, 2022.

PROS (NYSE: PRO), a SaaS provider, announced the granting of equity awards totaling 332,004 shares via time-based restricted stock units (RSUs) to induce 13 EveryMundo employees to join the company following its acquisition of EveryMundo, LLC. Founders Seth Cassel and Anton Diego received 141,884 RSUs each, while 11 other employees were granted a total of 48,236 RSUs. The awards, approved by PROS's Compensation and Leadership Development Committee, vest over four years and are exempt from shareholder approval under NYSE guidelines.