Pros Holdings: Q1 Earnings Snapshot
By Ap News
Published - May 07, 2024, 04:48 PM ET
Last Updated - May 07, 2024, 04:48 PM EDT
HOUSTON (AP) — HOUSTON (AP) — Pros Holdings Inc. (PRO) on Tuesday reported a loss of $11.4 million in its first quarter.
On a per-share basis, the Houston-based company said it had a loss of 24 cents. Earnings, adjusted for stock option expense and amortization costs, were 4 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The pricing and revenue-management software maker posted revenue of $80.7 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $79.7 million.
