NYSE$PRO
Pros Holdings Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
PROS Holdings, Inc. reported financial results for the first quarter ended March 31, 2021.
PROS Holdings, Inc. reported first quarter 2021 financial results, exceeding the high end of their guidance range across all metrics. They also welcomed new customers to the PROS family and provided annual guidance once again.
- Total revenue was $61.4 million, a decrease of 7% compared to the prior-year period.
- Subscription revenue was $42.6 million, a decrease of 1% compared to the prior-year period.
- Operating loss was $(20.6) million, compared to $(21.4) million in the prior-year period.
- Net loss was $(22.0) million, compared to $(22.7) million in the prior-year period.
Headline financials
Revenue & EPS history
Pros · Revenue · Quarterly
$61.4M
Revenue by segment
Pros · $61.4M total across 3 segments · Q1 2021
- Subscription Revenue$42.6M-1.2%69.5%
- Maintenance and Support Revenue$9.67M-22.8%15.8%
- Services Revenue$9.06M-14.7%14.8%
Forward guidance
PROS anticipates total revenue between $61.0 to $62.0 million and non-GAAP loss per share between $(0.23) to $(0.21) for Q2 2021. For the full year 2021, PROS anticipates total revenue between $250.5 to $253.5 million and ARR between $211.0 to $216.0 million.
Tailwinds
- Q2 2021 Total Revenue: $61.0 to $62.0 million
- Q2 2021 Subscription Revenue: $43.0 to $43.5 million
- Q2 2021 Adjusted EBITDA: $(10.0) to $(9.0) million
- Full Year 2021 Total Revenue: $250.5 to $253.5 million
- Full Year 2021 Subscription Revenue: $176.5 to $179.5 million
Headwinds
- Q2 2021 Total Revenue is expected to decrease by 4% compared to Q2 2020 at mid-point
- Q2 2021 Non-GAAP Loss Per Share: $(0.23) to $(0.21)
- Q2 2021 Adjusted EBITDA: $(10.0) to $(9.0) million
- Full Year 2021 Adjusted EBITDA: $(36.0) to $(33.0) million
- Full Year 2021 Free Cash Flow: $(39.0) to $(35.0) 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
-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
| Quarter | Report date | Reaction (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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