PROS (NYSE:PRO – Get Free Report) updated its second quarter earnings guidance on Tuesday. The company provided EPS guidance of $0.00 to $0.02 for the period, compared to the consensus EPS estimate of $0.03. The company issued revenue guidance of $80.5 million to $81.5 million, compared to the consensus revenue estimate of $82.95 million.
PROS Stock Down 7.2 %
PRO traded down $2.39 during trading on Wednesday, reaching $30.58. 556,184 shares of the stock traded hands, compared to its average volume of 308,691. The stock’s 50-day moving average is $35.03 and its 200 day moving average is $35.69. PROS has a 12 month low of $24.61 and a 12 month high of $40.99. The stock has a market capitalization of $1.44 billion, a PE ratio of -25.07 and a beta of 1.18.
PROS (NYSE:PRO – Get Free Report) last announced its earnings results on Tuesday, May 7th. The software maker reported $0.04 EPS for the quarter, beating the consensus estimate of $0.01 by $0.03. The business had revenue of $80.69 million for the quarter, compared to the consensus estimate of $79.84 million. During the same quarter in the previous year, the company earned ($0.28) EPS. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. As a group, equities research analysts anticipate that PROS will post -0.54 EPS for the current year.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on PROS
Insider Buying and Selling at PROS
In other PROS news, CFO Stefan B. Schulz sold 6,000 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $35.92, for a total transaction of $215,520.00. Following the completion of the sale, the chief financial officer now owns 260,223 shares in the company, valued at approximately $9,347,210.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.70% of the company’s stock.
About PROS
PROS Holdings, Inc provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally. The company offers PROS Smart Configure Price Quote that improves sales productivity and accelerate deal velocity by automating common sales tasks; and PROS Smart Price Optimization and Management, which enables businesses to optimize, personalize, and harmonize pricing.
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