PROS Holdings, Inc. Reports Second Quarter 2022 Financial Results

Go back to PROS Holdings, Inc. Reports Second Quarter 2022 Financial Results

PROS Holdings (PRO) PT Lowered to $35 at Needham & Company, Results Seen as 'Solid'

July 29, 2022 7:40 AM EDT

Needham & Company analyst Scott Berg lowered the price target on PROS Holdings (NYSE: PRO) to $35.00 (from $51.00) while maintaining a Buy rating following 'solid' Q2 results with limited macro impact thus far.

The analyst commented, "Pros reported a solid 2Q with revenue and adjusted... More

Pros Holdings (PRO) Misses Q2 EPS by 24c

July 28, 2022 4:46 PM EDT

Pros Holdings (NYSE: PRO) reported Q2 EPS of ($0.41), $0.24 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $68.4 million versus the consensus estimate of $66.86 million.

GUIDANCE:

Raised full year 2022 guidance for total revenue and subscription revenue

Pros... More