Pros Holdings (PRO) Misses Q2 EPS by 36c

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PROS Holdings, Inc. Reports Second Quarter 2016 Financial Results

August 2, 2016 4:44 PM EDT

Exceeded the high end of guidance on total revenue, subscription revenue, and ACV. ACV bookings up 17% year-over-year in the second quarter, and up 40% in the first half of 2016. ARR of $109.6 million as of June 30, 2016, up 22% year-over-year. Raised full year 2016 guidance on subscription revenue, ARR, ACV, and free cash flow.

HOUSTON--(BUSINESS WIRE)-- PROS Holdings, Inc. (NYSE: PRO), a revenue and profit realization company, today announced financial results for the second quarter ended June 30, 2016.... More