Procore Technologies is a leading provider of construction management software designed to streamline project communication and efficiency in the building industry
The platform offers a comprehensive suite of tools that facilitate collaboration among project teams, including functionalities for project scheduling, budgeting, document management, and field management. By centralizing project data and improving real-time communication, Procore aims to enhance productivity, reduce risk, and ultimately transform the way construction projects are planned and executed. The company's solutions cater to a variety of stakeholders in the construction sector, including general contractors, subcontractors, and owners, helping them achieve better visibility and control over their construction projects.
Semiconductor design software provider Cadence Design Systems (NASDAQCDNS) will be reporting results tomorrow after market close. Here’s what to expect.
Shares of construction management software maker Procore (NYSEPCOR) jumped 13.9% in the afternoon session after the company reported strong fourth-quarter 2024 results as its revenue and billings exceeded analysts' expectations, and full-year revenue guidance came in slightly above Wall Street's estimates. Sales grew 16% y/y, fueled by strong customer expansion and increased adoption of its software platform, particularly among high-value clients, with the number of customers generating over $1 million in annual recurring revenue, rising 39%y/y.
On the other hand, its EPS missed, as operating margins fell sharply. Overall, this was a mixed quarter.
In this video lesson, I review the resilient overall market, stocks on my radar for the short and long-term portfolio, and a new EOD swing trade, for Tuesday's session. Happy trading. Aloha.
Construction management software maker Procore (NYSEPCOR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 16.2% year on year to $302 million. The company expects next quarter’s revenue to be around $302 million, close to analysts’ estimates. Its non-GAAP profit of $0.01 per share was 91.2% below analysts’ consensus estimates.
Procore Technologies, Inc. (NYSEPCOR), the leading global provider of construction management software, today announced financial results for the fourth quarter and full year ended December 31, 2024.
Procore Technologies, Inc. (NYSEPCOR), the leading global provider of construction management software, today announced that it will report its fourth quarter and full fiscal year 2024 financial results after the U.S. financial markets close on Thursday, February 13, 2025.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Toast (NYSETOST) and the rest of the vertical software stocks fared in Q3.
Procore’s 15.4% return over the past six months has outpaced the S&P 500 by 6.6%, and its stock price has climbed to $76.36 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the design software industry, including Procore (NYSEPCOR) and its peers.
Procore Technologies, Inc. (NYSEPCOR), the leading global provider of construction management software, today at Groundbreak 2024 announced the launch of its Procore AI solutions. This includes its new AI-powered Agents, artificial intelligence platform capabilities designed to enhance project efficiency, improve decision-making, and enable smarter, faster, and more seamless workflows.
