NYSE$PRO

Pros Holdings Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported strong revenue growth, embracing virtual operations and aiding customers in digital selling transition.

PROS Holdings, Inc. announced its Q1 2020 financial results, demonstrating strong revenue growth with a focus on supporting customers during challenging times. The company has successfully shifted to virtual operations and delivered solid financial performance.

  • Subscription revenue increased by 40% year-over-year, reaching $43.2 million.
  • Total revenue grew by 18% year-over-year, amounting to $66.3 million.
  • PROS extended its leadership position in Guidance solutions through strategic innovations.
  • The company proactively shifted to fully virtual operations across its global offices to ensure the safety and well-being of its employees, customers, and communities.

Headline financials

Total Revenue

$66.3M

Previous: $56.1M+18.1%
EPS (adj)

-$0.23

Previous: -$0.11-109.1%
Subscription Revenue Growth

40.0%

No prior period
Capital Expenditures

$11M

Previous: $611K+1699.2%
Free Cash Flow

-$25.5M

Previous: -$8.71M-193.4%
Net Income

-$22.7M

Previous: -$16.9M-34.4%
Operating Income

-$21.4M

Previous: -$13.6M-56.9%
Gross Profit

$37.6M

Previous: $35.3M+6.3%
Cash & Equivalents

$252M

Previous: $273M-7.6%
Total Assets

$457M

Previous: $445M+2.6%
Stock-Based Comp

$6.35M

Previous: $6.05M+5.0%

Revenue & EPS history

Pros · Revenue · Quarterly

$66.3M

Q1 2020+18.1%vs Q1 2019
Beat estimate in 2 of 16 quarters(13%)
ActualEstimate

Revenue by segment

Pros · $66.3M total across 3 segments · Q1 2020

  • Subscription Revenue
    $43.2M+39.6%
  • Maintenance and Support Revenue
    $12.5M-18.3%
  • Services Revenue
    $10.6M+7.4%

Forward guidance

PROS anticipates total revenue between $60.0 to $61.0 million and subscription revenue between $39.5 to $40.5 million for Q2 2020. The company expects non-GAAP loss per share to be between $(0.22) to $(0.20) and adjusted EBITDA to be between $(11.5) to $(10.5) million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

-0.4%

Avg return

Earnings day

-0.6%

Avg return

5 days after

-1.9%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+18.3%

Q4 2012

Best reaction

-17.8%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-0.1%+0.0%+0.9%
Q2 2025-5.5%-5.9%-1.3%
Q1 2025-2.6%-1.4%+4.4%
Q4 2024+7.9%+7.3%-10.1%
Q3 2024+9.3%+10.0%+22.0%
Q2 2024-4.8%-10.6%-20.8%
Q1 2024-7.1%-6.7%-13.4%
Q4 2023+5.8%+2.6%+3.4%
Q3 2023+4.9%
Q2 2023+7.7%
Q1 2023-0.8%
Q4 2022-3.9%
Q3 2022+6.9%
Q2 2022+2.1%
Q1 2022+6.7%
Q4 2021-4.5%
Q3 2021-3.8%
Q2 2021-1.1%
Q1 2021-3.1%
Q4 2020+0.3%
Q3 2020-8.7%
Q2 2020-17.8%
Q1 2020-6.0%
Q4 2019-11.0%
Q3 2019+2.4%
Q2 2019+8.3%
Q1 2019+11.4%
Q4 2018+4.2%
Q3 2018+8.9%
Q2 2018+3.4%
Q1 2018-7.4%
Q4 2017+15.1%
Q3 2017-6.3%
Q2 2017-7.0%
Q1 2017+3.1%
Q4 2016+3.9%
Q3 2016+8.1%
Q2 2016-5.9%
Q1 2016+9.8%
Q4 2015+1.2%
Q3 2015-11.4%
Q2 2015+0.4%
Q1 2015-15.3%
Q4 2014-4.7%
Q3 2014+1.0%
Q2 2014-3.8%
Q1 2014-13.1%
Q4 2013-3.0%
Q3 2013+5.9%
Q2 2013-5.6%
Q1 2013+14.5%
Q4 2012+18.3%
Q3 2012-3.1%
Q2 2012+13.6%
Q1 2011-8.5%
Q1 2012-3.5%
Q4 2009-2.4%
Q4 2011-2.4%
Q3 2011+3.3%
Q3 2010+3.3%
Q4 2010-9.2%
Q2 2011-9.2%
Q2 2010-9.2%
Q1 2010-8.5%

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