PROS Holdings, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results
PROS Holdings, Inc. (NYSE: PRO) reported its financial results for Q4 and full year 2020, showing a total revenue of $60.9 million, an 8% decline from $66.2 million in Q4 2019.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced financial results for the fourth quarter and full year ended December 31, 2020.
“I’m incredibly proud of our global team who helped grow our business and delivered a record number of customer go-lives during this challenging year,” stated CEO Andres Reiner. “We’ve been innovating on our platform to ensure companies are prepared for the shift to digital selling. Industry analysts expect that by 2025,
Fourth Quarter and Full Year 2020 Financial Highlights
Key financial results for the fourth quarter and full year 2020 are shown below. Throughout this press release, all dollar figures are in millions, except net loss per share. Unless otherwise noted, all results are on a reported basis and are compared with the prior-year period.
|
GAAP |
|
Non-GAAP |
||||||||
|
Q4 2020 |
|
Q4 2019 |
|
Change |
|
Q4 2020 |
|
Q4 2019 |
|
Change |
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
Total Revenue |
|
|
|
|
(8)% |
||||||