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Pros Holdings: Q2 Earnings Snapshot
By AP News - Jul 31, 2024, 03:47 AM ET
Last Updated - Jul 31, 2024, 03:47 AM EDT
HOUSTON (AP) — HOUSTON (AP) — Pros Holdings Inc. (PRO) on Tuesday reported a loss of $7.4 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of 16 cents. Earnings, adjusted for one-time gains and costs, were 7 cents per share.
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The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The pricing and revenue-management software maker posted revenue of $82 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $81.2 million.
For the current quarter ending in September, Pros Holdings expects its per-share earnings to range from 8 cents to 10 cents.
The company said it expects revenue in the range of $81.5 million to $82.5 million for the fiscal third quarter.
Pros Holdings expects full-year revenue in the range of $329 million to $331 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRO at https://www.zacks.com/ap/PRO
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