Pros Holdings Stock Price, News & Analysis

PROS Holdings, Inc. (NYSE: PRO), a leader in SaaS solutions for optimizing shopping and selling experiences, announced management's participation in key investment conferences in May 2022. CFO Stefan Schulz and Director of Investor Relations Belinda Overdeput will engage in fireside chats at the 17th Annual Needham Technology & Media Conference on May 17 and the J.P. Morgan 2022 Global Technology, Media and Communications Conference on May 25. Live webcasts and archives will be accessible via the company's Investor Relations page.

PROS Holdings, Inc. (NYSE: PRO) reported Q1 2022 revenue of $66.5 million, an 8% increase year-over-year, with subscription revenue up 14% to $48.8 million. Recurring gross margin improved to 76%. Despite the growth, the company faced an operating loss of $26.5 million and a net loss of $28.6 million. Looking ahead, PROS provides Q2 2022 guidance of $66.0 to $67.0 million in total revenue and expects a non-GAAP loss per share between $(0.19) and $(0.17). Recent business wins, including major clients, underscore its critical role in driving revenue growth amid economic challenges.

PROS (NYSE: PRO) will report its Q1 2022 financial results after U.S. market close on May 3, 2022. The company will host a conference call at 4:45 PM EDT to discuss the results and future outlook. Investors can access the webcast via the Investor Relations section of PROS' website. A replay of the call will be available until May 17, 2022.

PROS specializes in SaaS solutions to enhance shopping and selling experiences through business AI and process automation.

PROS has announced that Air Europa will utilize its Digital Retail solution to enhance customer-focused digital shopping experiences. This partnership aims to increase conversion rates and ancillary revenue across the booking journey, allowing travelers to make informed purchasing decisions. With coverage to over 44 destinations, Air Europa aims to leverage PROS technology to outperform competitors in both low-cost and full-service segments. The alliance underscores a commitment to providing seamless, personalized travel experiences.

PROS has announced a groundbreaking partnership with TAC Index to provide its customers with enhanced visibility into air cargo pricing, allowing for better price optimization during fluctuating market conditions. This integration is designed to help businesses maintain profit margins amidst ongoing supply chain disruptions. By utilizing TAC’s data within the PROS Platform, customers can swiftly adjust pricing strategies, positioning themselves competitively. The move aims to bolster revenue optimization, particularly in the volatile air cargo environment.

PROS has announced the selection of its Smart Price Optimization and Management solution by B Braun Medical Inc. to enhance its global pricing strategy. This AI-powered pricing tool enables B Braun to execute personalized, market-relevant pricing adjustments swiftly, ensuring competitive offerings and improved revenue. The integration with Enable for rebate management further streamlines pricing strategies, allowing B Braun to maintain flexibility and control over its pricing across regions. The collaboration underlines PROS' role as a leader in SaaS solutions for pricing optimization, amid rapidly changing market dynamics.

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.