NYSE$PRO

Pros Holdings Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

PROS Holdings, Inc. reported financial results for the fourth quarter and full year ended December 31, 2021.

PROS Holdings, Inc. reported Q4 2021 financial results, with total revenue of $65.0 million and a gross revenue retention rate of over 93%.

  • Customers achieved more than 6% revenue improvement by leveraging the PROS Platform.
  • Completed the acquisition of EveryMundo LLC to enhance direct customer engagement.
  • Expanded partnership with Microsoft to accelerate market adoption of combined digital selling solution.
  • Welcomed new customers such as Air Baltic, B. Braun, Rockwool, and Royal Brunei.

Headline financials

Total Revenue

$65M

Previous: $60.9M+6.8%
EPS (adj)

-$0.16

Previous: -$0.14-14.3%
Capital Expenditures

$364K

Previous: $4.94M-92.6%
Free Cash Flow

-$1.33M

Previous: $11.4M-111.7%
Net Income

-$23.6M

Previous: -$18.2M-29.8%
Operating Income

-$21.6M

Previous: -$13.4M-61.2%
Gross Profit

$39M

Previous: $35.5M+9.7%
Cash & Equivalents

$228M

Previous: $329M-30.9%
Total Assets

$494M

Previous: $540M-8.4%
Stock-Based Comp

$9.67M

Previous: $5.92M+63.2%

Revenue & EPS history

Pros · Revenue · Quarterly

$65M

Q4 2021+6.8%vs Q4 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Pros · $56.6M total across 2 segments · Q4 2021

  • Subscription Revenue
    $47M+9.6%
  • Services Revenue
    $9.57M+15.3%

Forward guidance

PROS anticipates revenue between $65.0 to $66.0 million and non-GAAP loss per share of $(0.26) to $(0.24) for Q1 2022. For the full year 2022, PROS anticipates revenue between $267.0 to $270.0 million.

Tailwinds

  • Total Revenue: $65.0 to $66.0 million (Q1 2022)
  • Subscription Revenue: $48.0 to $48.5 million (Q1 2022)
  • Total Revenue: $267.0 to $270.0 million (FY 2022)
  • Subscription Revenue: $200.0 to $202.0 million (FY 2022)
  • ARR: $246.0 to $250.0 million (FY 2022)

Headwinds

  • Non-GAAP Loss Per Share: $(0.26) to $(0.24) (Q1 2022)
  • Adjusted EBITDA: $(12.0) to $(11.0) million (Q1 2022)
  • Free Cash Flow: $(25.0) to $(21.0) million (Q1 2022)
  • Non-GAAP Loss Per Share: $(0.03) (FY 2022)
  • Adjusted EBITDA: $(28.0) to $(25.0) million (FY 2022)

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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