PROS Holdings, Inc. Provides Preliminary Financial Guidance for the Fourth Quarter and Full Year Ended December 31, 2015
January 14, 2016 at 04:15 pm EST
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PROS Holdings, Inc. provided preliminary financial guidance for the fourth quarter and full year ended December 31, 2015. The company expects total non-GAAP revenue in the range of $42.0 million to $42.5 million compared to guidance of $40.7 million to $42.7 million for the fourth quarter of 2015
The company expects total non-GAAP revenue in the range of $171.3 million to $171.8 million compared to guidance of $170 million to $172 million for the full year 2015. Key profitability and cash flow metrics of adjusted EBITDA, earnings per share and free cash flow to exceed the previously announced guidance ranges.
PROS Holdings, Inc. is a provider of software-as-a-service (SaaS) solution. The Company provides solutions that optimize shopping and selling experiences. Its artificial intelligence, self-learning and automation solutions are for every shopper, supporting both business-to-business and business-to-consumer companies across industry verticals. Its solutions focus primarily on pricing optimization and management, configure price quote (CPQ), airline revenue optimization, airline distribution and retail, and digital offer marketing software. Its CPQ enables users to find and tailor product recommendations, customize configurations and manage approvals. Its airline revenue optimization suite of products includes Airline Revenue Management, Airline Real-Time Dynamic Pricing and Airline Group Sales Optimizer. Its airline distribution and retail suite of products include Dynamic Offers and Digital Retail. Its Digital Offer marketing solutions include airTRFX, airModules, airWire and airSEM.