Optimization, Personalization & Testing

PROS Holdings, Inc. Announces Financial Results

automation testing

PROS® (NYSE: PRO), a provider of SaaS solutions optimizing shopping and selling experiences, today announced updated fourth quarter and full year 2021 guidance and the fourth quarter and full year 2021 financial results release date.

Fourth Quarter and Full Year 2021 Financial Outlook

PROS currently anticipates the following based on an estimated 44.4 million basic weighted average shares outstanding for the fourth quarter of 2021 and a 22% non-GAAP estimated tax rate for the fourth quarter and full year 2021. This updated guidance is inclusive of EveryMundo, which was acquired by PROS on November 30, 2021.

Q4 2021
Guidance

v. Q4 2020 at
Mid-Point

Full Year 2021
Guidance

v. Prior Year at
Mid-Point

Total Revenue

$64.0 to $64.5

6%

$250.4 to $250.9

(1)%

Subscription Revenue

$46.0 to $46.5

8%

$177.0 to $177.5

4%

ARR (Constant Currency)

n/a

n/a

$228.5 to $229.0

9%

Non-GAAP Loss Per Share

$(0.19) to $(0.18)

$(0.05)

n/a

n/a

Adjusted EBITDA

$(7.7) to $(7.2)

$(3.3)

$(26.1) to $(25.6)

$1.7

Free Cash Flow

n/a

n/a

$(22.0) to $(21.0)

$31.8

Fourth Quarter and Full Year 2021 Release Date

PROS will release its financial results for the fourth quarter and full year ended December 31, 2021 after the U.S. financial markets close on Thursday, February 10, 2022.

PROS will host a conference call on Thursday, February 10, 2022 at 4:45 p.m. EST to discuss the company’s financial results and business outlook. To access this call, dial 1-877-407-9039 (toll-free) or 1-201-689-8470.

The live and archived webcasts of this call can be accessed under the “Investor Relations” section of the Company’s website at www.pros.com. A telephone replay will be available until Thursday February 24, 2022, 11:59 PM EST at 1-844-512-2921 (toll-free) or 1-412-317-6671 using the pass code 13725919.

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