PROS Holdings, Inc. (NYSE:PRO) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.05%.
PROS Holdings, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share was the same at $0.11 in the quarter versus EPS of $0.11 in the year-earlier quarter.
Revenue: Rose 24.62% to $32.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: PROS Holdings, Inc. reported adjusted EPS income of $0.11 per share. By that measure, the company beat the mean analyst estimate of $0.10. It beat the average revenue estimate of $31.67 million.
Quoting Management: CEO Andres Reiner stated, “We are excited to report another strong performance in the fourth quarter and full year 2012, exceeding expectations with record revenues. Our growth was driven by a strong uptick in new customer signings in our business-to-business industries, a testament to PROS attractive value proposition for companies interested in monetizing their big data. I am proud of the PROS team worldwide for this incredible accomplishment, and believe PROS has never been in a stronger position as we enter 2013 with great momentum.”
Key Stats (on next page)…