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
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$91.67 mln
$91.09 mln (6 Analysts)
Q3 Adjusted EPS
Beat
$0.22
$0.16 (6 Analysts)
Q3 EPS
-$0.09
Q3 Net Income
-$4.24 mln
Q3 Subscription Gross Margin
69%
Q3 Gross Profit
$63.13 mln
Q3 Subscription Adjusted Gross Margin
71%
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.)