PROS Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 31, 2023 at 04:15 pm EDT
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PROS Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 77.25 million compared to USD 70.35 million a year ago. Net loss was USD 13.87 million compared to USD 13.85 million a year ago. Basic loss per share from continuing operations was USD 0.3 compared to USD 0.31 a year ago.
For the nine months, revenue was USD 226.22 million compared to USD 205.2 million a year ago. Net loss was USD 46.16 million compared to USD 64.9 million a year ago. Basic loss per share from continuing operations was USD 1 compared to USD 1.44 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. 
