Overview

• PROS Holdings Q3 total revenue grows 11% yr/yr, beating analyst expectations, per LSEG data

• Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

• Company's acquisition by Thoma Bravo in a $1.4 bln deal, expected to close Q4 2025

Outlook

• PROS Holdings suspends financial guidance due to pending acquisition by Thoma Bravo

Result Drivers

• SUBSCRIPTION REVENUE GROWTH - Co reports 13% increase in subscription revenue driven by expanded customer base and adoption of AI-powered solutions

• GROSS MARGIN EXPANSION - Co's gross margin expanded by 300 basis points, reflecting improved operational efficiency

• CUSTOMER EXPANSION - Co welcomed new customers and expanded within existing accounts, contributing to revenue growth

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for Pros Holdings Inc is $23.25, about 0.9% above its October 24 closing price of $23.04

• The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw7qG8cza

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)