In This Article:
PROS Holdings (NYSE:PRO) Full Year 2024 Results
Key Financial Results
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Revenue: US$330.4m (up 8.8% from FY 2023).
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Net loss: US$20.5m (loss narrowed by 64% from FY 2023).
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US$0.43 loss per share (improved from US$1.22 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PROS Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%.
The primary driver behind last 12 months revenue was the The Rest of The World segment contributing a total revenue of US$113.9m (34% of total revenue). The largest operating expense was Research & Development (R&D) costs, amounting to US$89.7m (38% of total expenses). Explore how PRO's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 16% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for PROS Holdings (1 makes us a bit uncomfortable!) that you should be aware of.
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