PROS Holdings, Inc. Reports Second Quarter 2021 Financial Results

HOUSTON--()--PROS Holdings, Inc. (NYSE: PRO), a supplier of SaaS options optimizing procuring and promoting experiences, at this time introduced monetary outcomes for the second quarter ended June 30, 2021.



“I’m extremely proud to announce the launch of our next-generation SaaS editions on the PROS Platform,” acknowledged CEO Andres Reiner. “We’re making it attainable for each enterprise to undertake our industry-leading know-how to drive interconnected gross sales motions and worthwhile income development. We’re inspired by the early response to the PROS Platform launch and we're well-positioned to seize the massive market alternative in entrance of us.”



Second Quarter 2021 Monetary Highlights



Key monetary outcomes for the second quarter 2021 are proven under. All through this press launch all greenback figures are in thousands and thousands, besides web loss per share. Except in any other case famous, all outcomes are on a reported foundation and are in contrast with the prior-year interval.



GAAP





Non-GAAP





Q2 2021





Q2 2020





Change





Q2 2021





Q2 2020





Change



Income:

























Whole Income



$62.4





$63.7





(2)%





n/a





n/a





n/a



Subscription Income



$44.2





$42.4





4%





n/a





n/a





n/a



Subscription and Upkeep Income



$52.8





$54.1





(2)%





n/a





n/a





n/a



Profitability:

























Gross Revenue



$36.0





$37.8





(5)%





$37.4





$39.4





(5)%



Working Loss



$(16.3)





$(15.1)





$(1.2)





$(6.8)





$(7.5)





$0.6



Internet Loss



$(18.0)





$(17.2)





$(0.8)





$(6.3)





$(6.0)





$(0.3)



Internet Loss Per Share



$(0.41)





$(0.40)





$(0.01)





$(0.14)





$(0.14)





$—



Adjusted EBITDA



n/a





n/a





n/a





$(4.7)





$(5.7)





$1.0



Money:

























Internet Money Utilized in Working Actions



$(5.0)





$(22.8)





$17.8





n/a





n/a





n/a



Free Money Circulation



n/a





n/a





n/a





$(5.7)





$(23.5)





$17.8


The hooked up desk supplies a abstract of PROS outcomes for the interval,

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