Pros Holdings Stock Price, News & Analysis

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.

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.