PROS Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 25, 2023 at 04:21 pm EDT
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PROS Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 75.79 million compared to USD 68.36 million a year ago. Net loss was USD 13.29 million compared to USD 22.41 million a year ago. Basic loss per share from continuing operations was USD 0.29 compared to USD 0.5 a year ago. Diluted loss per share from continuing operations was USD 0.29 compared to USD 0.5 a year ago.
For the six months, revenue was USD 148.97 million compared to USD 134.85 million a year ago. Net loss was USD 32.29 million compared to USD 51.05 million a year ago. Basic loss per share from continuing operations was USD 0.7 compared to USD 1.13 a year ago. Diluted loss per share from continuing operations was USD 0.7 compared to USD 1.13 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.