NYSE$PRO

Pros Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Pros Q4 2024 earnings were reported, showcasing revenue growth and increased profitability.

PROS Holdings, Inc. reported a strong fourth quarter and full year 2024, with a 10% increase in total revenue for Q4, reaching $85.0 million. Subscription revenue grew by 14% year-over-year. The company also saw significant improvements in operating cash flow and adjusted EBITDA.

  • Total revenue increased by 10% year-over-year, reaching $85.0 million.
  • Subscription revenue grew by 14% year-over-year, totaling $69.3 million.
  • Operating cash flow increased by 73% year-over-year, reaching $24.0 million.
  • Subscription gross margin improved by more than 270 basis points year-over-year.

Headline financials

Total Revenue

$85M

Previous: $77.5M+9.7%
EPS (adj)

$0.16

Previous: $0.02+700.0%
Capital Expenditures

-$497K

Previous: -$423K-17.5%
Net Income

-$2M

Previous: -$10.2M+80.4%
Operating Income

-$1.6M

Previous: -$10.6M+84.9%
Gross Profit

$57.6M

Previous: $48.7M+18.3%
R&D Expense

$22.4M

No prior period

Revenue & EPS history

Pros · Revenue · Quarterly

$85M

Q4 2024+9.7%vs Q4 2023
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Pros · $77.3M total across 3 segments · Q3 2023

  • Subscription Revenue
    $60M
  • Services Revenue
    $12.6M+9.2%
  • Maintenance and Support Revenue
    $4.69M

Forward guidance

PROS anticipates total revenue between $85.0 to $86.0 million for Q1 2025, representing a 6% increase, and subscription revenue between $70.25 to $70.75 million, a 10% increase. For the full year 2025, total revenue is projected to be between $360.0 to $362.0 million, a 9% increase, and subscription revenue between $294.0 to $296.0 million, an 11% increase.

Tailwinds

  • Total revenue is expected to grow by 6% in Q1 2025.
  • Subscription revenue is projected to increase by 10% in Q1 2025.
  • Full year 2025 total revenue is expected to grow by 9%.
  • Full year 2025 subscription revenue is projected to increase by 11%.
  • Adjusted EBITDA is expected to be between $7.5 to $8.5 million for Q1 2025.

Headwinds

  • Macroeconomic environment and geopolitical uncertainty.
  • Potential downturns in sales and lengthy sales cycles.
  • Risks related to cyberattacks and data breaches.
  • Evolving data privacy, cyber security, data localization and AI laws.
  • Rapid adoption, evolution, and understanding of AI.

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 2024

Historical avgQ4 2024

-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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