NYSE$PRO
Pros Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
PROS Holdings reported Q4 2023 financial results, showing increased revenue and improved profitability.
PROS Holdings, Inc. reported strong Q4 2023 financial results, with a 9% increase in total revenue and improved operating and net income compared to the prior-year period. The company's focus on AI-powered SaaS solutions and platform innovation drove customer acquisition and expansion.
- Total revenue increased by 9% year-over-year to $77.5 million.
- Subscription revenue grew by 14% year-over-year to $60.8 million.
- Gross profit increased by 12% year-over-year to $48.7 million.
- Net loss improved by $7.2 million, from a loss of $17.3 million to a loss of $10.2 million.
Headline financials
Revenue & EPS history
Pros · Revenue · Quarterly
$77.5M
Revenue by segment
Pros · $77.3M total across 3 segments · Q3 2023
- Subscription Revenue$60M—77.7%
- Services Revenue$12.6M+9.2%16.3%
- Maintenance and Support Revenue$4.69M—6.1%
Forward guidance
PROS anticipates revenue between $79.0 to $80.0 million for Q1 2024, representing a 9% increase year-over-year, and between $332.0 to $334.0 million for the full year 2024, representing a 10% increase year-over-year. Non-GAAP earnings per share are expected to be between $0.00 to $0.02 for Q1 2024 and $0.07 for the full year 2024.
Tailwinds
- Total Revenue is expected to increase by 9% for Q1 2024.
- Total Revenue is expected to increase by 10% for the full year 2024.
- Subscription Revenue is expected to increase by 13% for Q1 2024.
- Subscription Revenue is expected to increase by 13% for the full year 2024.
- Subscription ARR is expected to increase by 12% for the full year 2024.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 7 quarterly earnings reports · overlaid with Q4 2023
-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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