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Notable Runner: PROS Holdings Inc. (NYSE: PRO)

HOUSTON, July 8, 2019 – Shares of PROS Holdings Inc. (NYSE: PRO) gained 0.84% to $65.65. The stock grabbed the investor’s attention and traded 213.553K shares as compared to its average daily volume of 542.99K shares. The stock’s institutional ownership stands at 97.14%.

Pros Holdings Inc. (PRO) reported a loss of $16.90M in its first quarter. On a per-share basis, the Houston-based company said it had a loss of 45 cents. Losses, adjusted for one-time gains and costs, came to 11 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The pricing and revenue-management software maker posted revenue of $56.10M in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $54.70M. For the current quarter ending in July, Pros Holdings anticipates its results to range from a loss of 11 cents per share to a loss of 9 cents per share.

The company said it anticipates revenue in the range of $61.0M to $62.0M for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $56.30M. Pros Holdings anticipates full-year revenue in the range of $241.0M to $242.0M.

PRO has a market value of $2.44B while its EPS was booked as $-1.70 in the last 12 months. The stock has 37.14M shares outstanding. In the profitability analysis, the company has gross profit margin of 61.80% while net profit margin was -30.40%. Beta value of the company was 1.10; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 1.90.