PROS (NYSE:PRO – Get Free Report) posted its quarterly earnings results on Tuesday. The software maker reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03, Briefing.com reports. The company had revenue of $80.69 million during the quarter, compared to the consensus estimate of $79.84 million. During the same quarter in the previous year, the company posted ($0.28) earnings per share. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. PROS updated its Q2 guidance to $0.00 to $0.02 EPS.
PROS Stock Up 0.2 %
Shares of NYSE PRO traded up $0.06 during midday trading on Tuesday, reaching $32.97. 533,102 shares of the company’s stock traded hands, compared to its average volume of 305,878. The company has a market cap of $1.55 billion, a price-to-earnings ratio of -27.02 and a beta of 1.18. PROS has a one year low of $24.61 and a one year high of $40.99. The stock’s 50 day simple moving average is $35.18 and its 200-day simple moving average is $35.73.
Insider Buying and Selling
In other news, CFO Stefan B. Schulz sold 6,000 shares of PROS stock in a transaction on Monday, March 4th. The stock was sold at an average price of $35.92, for a total value of $215,520.00. Following the transaction, the chief financial officer now directly 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 available at this hyperlink. 3.70% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on PRO
PROS Company Profile
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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