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Pros Holdings: Q4 Earnings Snapshot
By AP News - Feb 06, 2025, 04:44 PM ET
Last Updated - Feb 06, 2025, 04:44 PM EST
HOUSTON (AP) — HOUSTON (AP) — Pros Holdings Inc. (PRO) on Thursday reported a loss of $2 million in its fourth quarter.
On a per-share basis, the Houston-based company said it had a loss of 4 cents. Earnings, adjusted for one-time gains and costs, came to 16 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 13 cents per share.
The pricing and revenue-management software maker posted revenue of $85 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $84.8 million.
For the year, the company reported a loss of $20.5 million, or 43 cents per share. Revenue was reported as $330.4 million.
For the current quarter ending in March, Pros Holdings expects its per-share earnings to range from 10 cents to 12 cents.
The company said it expects revenue in the range of $85 million to $86 million for the fiscal first quarter.
Pros Holdings expects full-year revenue in the range of $360 million to $362 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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