Procore Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024
May 01, 2024 at 04:05 pm EDT
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Procore Technologies, Inc. provided earnings guidance for the second quarter and full year of 2024. For the quarter, revenue is expected to be in the range of $274 million to $276 million, representing year-over-year growth of 20% to 21%.
For the year, revenue is expected to be in the range of $1,140 million to $1,144 million, representing year-over-year growth of 20%.
Procore Technologies, Inc. is a global provider of cloud-based construction management software. The Company is focused on connecting and empowering the construction industryâs stakeholders, such as owners, general contractors, specialty contractors, architects, and engineers, to collaborate and access its capabilities from any location on any Internet-connected device. Its five integrated product categories, such as Preconstruction, Project Execution, Workforce Management, Financial Management, and Construction Intelligence automate workflows, provide real-time visibility, offer advanced analytics, and support collaboration across key stages of the construction project lifecycle. Each of its products can be accessed from the office or the jobsite on computers, smartphones, and tablets, enabling users to work wherever the job requires. Its open application programming interfaces and its application marketplace allow customers to integrate its products with their internal systems.
PROCORE TECHNOLOGIES, INC. 
