Pros Holdings: Q3 Earnings Snapshot
Pros Holdings: Q3 Earnings Snapshot
HOUSTON (AP) _ Pros Holdings Inc. (PRO) on Tuesday reported a loss of $13.9 million in its third quarter.
On a per-share basis, the Houston-based company said it had a loss of 31 cents. Losses, adjusted for one-time gains and costs, came to 6 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.
The pricing and revenue-management software maker posted revenue of $70.3 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $68.3 million.
For the current quarter ending in December, Pros Holdings expects its results to range from a loss of 14 cents per share to a loss of 11 cents per share.
The company said it expects revenue in the range of $68.5 million to $69.5 million for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $68.1 million.
Pros Holdings expects full-year revenue in the range of $273.8 million to $274.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a PRO">Zacks stock report on PRO at https://www.zacks.com/ap/PRO