Pros Holdings (PRO) Tops Q3 EPS by 5c

Pros Holdings (NYSE: PRO) reported Q3 EPS of ($0.16), $0.05 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $41.7 million versus the consensus estimate of $41.43 million.

CEO Andres Reiner stated, “The opportunity for PROS to lead the market with revenue and profit realization solutions continues to crystallize and strengthen. Our long-standing commitment to delivering rapid innovation and helping customers outperform underscored our third quarter performance, with customers continuing to extend and expand their partnerships with PROS at an accelerating rate. We believe we could have done even better as we experienced extended sales cycles on a few deals in the quarter. With our focus on delivering innovation and customer success, and with the operational adjustments we are making to further drive execution, we are well-positioned to capitalize on the long-term growth opportunity.”

For earnings history and earnings-related data on Pros Holdings (PRO) click here.

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