PROS Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 08, 2024 at 04:20 pm EST
Share
PROS Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 77.48 million compared to USD 70.94 million a year ago. Net loss was USD 10.2 million compared to USD 17.35 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to USD 0.38 a year ago.
For the full year, revenue was USD 303.71 million compared to USD 276.14 million a year ago. Net loss was USD 56.35 million compared to USD 82.25 million a year ago. Basic loss per share from continuing operations was USD 1.22 compared to USD 1.82 a year ago.
PROS Holdings, Inc. is a provider of software-as-a-service (SaaS) solution. The Company provides solutions that optimize shopping and selling experiences. Its artificial intelligence, self-learning and automation solutions are for every shopper, supporting both business-to-business and business-to-consumer companies across industry verticals. Its solutions focus primarily on pricing optimization and management, configure price quote (CPQ), airline revenue optimization, airline distribution and retail, and digital offer marketing software. Its CPQ enables users to find and tailor product recommendations, customize configurations and manage approvals. Its airline revenue optimization suite of products includes Airline Revenue Management, Airline Real-Time Dynamic Pricing and Airline Group Sales Optimizer. Its airline distribution and retail suite of products include Dynamic Offers and Digital Retail. Its Digital Offer marketing solutions include airTRFX, airModules, airWire and airSEM.
PROS HOLDINGS, INC. 
