PROS Holdings, Inc. (PRO) Tops Q1 EPS by 2c, Offers Guidance
PROS Holdings, Inc. (NYSE: PRO) reported Q1 EPS of $0.01, $0.02 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $42.9 million versus the consensus estimate of $42.11 million.
Financial Outlook
Based on information as of today, PROS anticipates the following:
- Total non-GAAP revenue for the second quarter of 2014 in the range of $45.0 million to $46.0 million. The Company is reiterating its full year revenue guidance with total non-GAAP revenue for the full year ending December 31, 2014 in the range of $190.0 million to $194.0 million.
- Non-GAAP operating income of $2.0 million to $3.0 million and non-GAAP income per share of $0.03 to $0.05 for the second quarter of 2014, which excludes estimated non-cash share-based compensation charges of approximately $6.1 million and estimated intangible amortization and integration-related expenses of approximately $1.7 million. Non-GAAP operating margin for the full year 2014 expectations remain at approximately 10%.
- Non-GAAP estimated tax rate of approximately 40% for the second quarter and full year 2014.
- Estimated weighted average of 30.4 million diluted shares outstanding for the second quarter of 2014 and $30.6 million diluted shares outstanding for the full year 2014.
For earnings history and earnings-related data on PROS Holdings, Inc. (PRO) click here.
