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PRO — PROS Holdings News Story

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PROS Holdings Q3 revenue beats estimates on subscription growth

Overview

PROS Holdings Q3 total revenue grows 11% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

Company's acquisition by Thoma Bravo in a $1.4 bln deal, expected to close Q4 2025

Outlook

PROS Holdings suspends financial guidance due to pending acquisition by Thoma Bravo

Result Drivers

SUBSCRIPTION REVENUE GROWTH - Co reports 13% increase in subscription revenue driven by expanded customer base and adoption of AI-powered solutions

GROSS MARGIN EXPANSION - Co's gross margin expanded by 300 basis points, reflecting improved operational efficiency

CUSTOMER EXPANSION - Co welcomed new customers and expanded within existing accounts, contributing to revenue growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$91.67 mln$91.09 mln (6 Analysts)
Q3 Adjusted EPSBeat$0.22$0.16 (6 Analysts)
Q3 EPS-$0.09
Q3 Net Income-$4.24 mln
Q3 Subscription Gross Margin69%
Q3 Gross Profit$63.13 mln
Q3 Subscription Adjusted Gross Margin71%
Q3 Subscription Revenue$76 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy." Wall Street's median 12-month price target for Pros Holdings Inc is $23.25, about 0.9% above its October 24 closing price of $23.04 The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 21 three months ago Press Release: ID:nBw7qG8cza For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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