logo
Pros Holdings: Q3 Earnings Snapshot

Pros Holdings: Q3 Earnings Snapshot

Pros Holdings: Q3 Earnings Snapshot

By AP News
Published - Nov 01, 2022, 05:38 PM ET
Last Updated - Jun 23, 2023, 10:12 PM EDT

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.

_____

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

Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024