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.
$PRO
EDP Services
Technology
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 ARR | n/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 Flow | n/a | n/a | $22.0 to $26.0 | $12.6 |