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Pros Holdings (PRO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
PROPROS(PRO) ZACKS·2025-05-02 00:05

Core Insights - Pros Holdings (PRO) reported revenue of 86.32millionforthequarterendedMarch2025,markingayearoveryearincreaseof786.32 million for the quarter ended March 2025, marking a year-over-year increase of 7% and exceeding the Zacks Consensus Estimate of 85.43 million by 1.04% [1] - The company's earnings per share (EPS) for the same period was 0.13,comparedto0.13, compared to 0.04 a year ago, aligning with the consensus EPS estimate [1] Revenue Breakdown - Total subscription, maintenance, and support revenue reached 73.56million,surpassingtheaverageestimateof73.56 million, surpassing the average estimate of 73.20 million by analysts, reflecting an 8.3% year-over-year increase [4] - Subscription revenue was reported at 70.83million,exceedingtheaverageestimateof70.83 million, exceeding the average estimate of 70.50 million, with a year-over-year change of 10.1% [4] - Maintenance and support revenue was 2.73million,slightlyabovetheaverageestimateof2.73 million, slightly above the average estimate of 2.70 million, but showed a significant year-over-year decline of 24.1% [4] - Services revenue amounted to 12.76million,exceedingtheaverageestimateof12.76 million, exceeding the average estimate of 12.24 million, with a minimal year-over-year change of 0.1% [4] Stock Performance - Pros Holdings shares have returned -11.1% over the past month, in contrast to the Zacks S&P 500 composite's -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]