JMP Securities Downgrades PROS Holdings (PRO) to Market Perform

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Go back to JMP Securities Downgrades PROS Holdings (PRO) to Market Perform

Pros Holdings, Inc. Reports Second Quarter 2015 Financial Results

August 6, 2015 4:05 PM EDT

Annual Recurring Revenue of $89.6 million, exceeding the high end of guidance, an increase of 15% over the second quarter of 2014. Total Contract Value bookings of $41.1 million, exceeding the high end of guidance, an increase of 24% over the second quarter of 2014.

HOUSTON--(BUSINESS WIRE)-- PROS Holdings, Inc. (NYSE: PRO), a big data software company, today announced financial results for the second quarter ended June 30, 2015.

Annual Recurring Revenue ("ARR") was $89.6 million, which exceeded the high end of guidance and increased 15% over the second quarter of 2014.

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