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News

PROS Holdings Sees Q2 EPS 0.00-$0.02 Vs $0.03 Est.; Revenue $80.5M-$81.5M Vs $82.98M Est.; FY24 Revenue $332.5M-$334.5M Vs $333.66M Est.

Author: Benzinga Newsdesk | May 07, 2024 06:23pm

Financial Outlook

PROS currently anticipates the following based on an estimated 48.2 million diluted weighted average shares outstanding for the second quarter of 2024 and a 22% non-GAAP estimated tax rate for the second quarter and full year 2024.

 Q2 2024 Guidance v. Q2 2023 at

Mid-Point
 Full Year 2024

Guidance
 v. Prior Year at

Mid-Point
Total Revenue$80.5 to $81.5 7% $332.5 to $334.5 10%
Subscription Revenue$64.0 to $64.5 12% $263.5 to $265.5 13%
Subscription ARRn/a n/a $289.0 to $292.0 12%
Non-GAAP Earnings Per Share$0.00 to $0.02 $0.02 n/a n/a
Adjusted EBITDA$1.0 to $2.0 $1.4 $17.0 to $20.0 $12.5
Free Cash Flown/a n/a $22.0 to $26.0 $12.6

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