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Archives: News

The Costco Effect: How tariffs, suppliers, and consumer behavior are shaping retail

The “Costco Effect” is having a domino-like impact on the world of retail, forcing giants to rethink strategies in the face of tariffs, supplier pressures, and skittish consumer loyalty. Costco, a retail powerhouse, has consistently delivered steady sales despite shaky economic conditions. Similar to its retail rival Walmart, Costco’s appeal to wealthier shoppers – particularly […]

PROS Appoints Growth Veteran Katie May to Board of Directors

Scaling expert and proven tech business leader brings eCommerce, digital transformation and high-growth SaaS expertise to Board HOUSTON, March 18, 2025 – PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced the appointment of Katie May to its Board of Directors, effective immediately. May, an established entrepreneur […]

Target, tariffs & turmoil: How Trump’s trade policies are reshaping retail

Retailers are scrambling as Trump’s latest tariffs take effect, driving up costs and forcing companies to rethink their strategies overnight. The new trade measures include a 25% tax on imports from Canada and Mexico and a 20% levy on goods from China, triggering price hikes and logistical headaches across industries. For retailers like Target, the […]

PROS Set to Unveil New Agentic AI Offerings at Outperform 2025

New AI agents provide real-time contextual intelligence and empower users to make informed, proactive decisions and autonomously execute functions HOUSTON, March 6, 2025 – PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced its plan to unveil and launch multiple AI agents across PROS Platform solutions at […]

PROS Recognized as a Leader in Configure, Price, Quote (CPQ) Solutions by Global Independent Research and Advisory Firm

PROS received the highest possible scores in 15 criteria, including pricing optimization management, subscription and asset management, and AI capabilities HOUSTON, February 19, 2025 – PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced Forrester Research has named PROS a Leader in The Forrester WaveTM: Configure, Price, Quote […]

PROS Named to Constellation ShortList™ for Price Optimization and Constellation ShortList™ for Configure Price Quote (CPQ) for Eighth Consecutive Year

PROS Price Optimization and CPQ solutions ideal for organizations seeking to achieve exponential efficiency and transform their business models in the age of AI. HOUSTON, February 12, 2025 – PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced it was named to the Constellation ShortList for both Price […]

PROS Holdings, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

Total revenue of $85.0 million in the fourth quarter, up 10% year-over-year. Subscription revenue of $69.3 million in the fourth quarter, up 14% year-over-year. Subscription gross margin of 79% and non-GAAP subscription gross margin of 81% in the fourth quarter, an improvement of more than 270 basis points year-over-year. Operating cash flow of $24.0 million […]

Averitt Anchors Pricing Strategy, Enables Service Excellence with PROS

Combined impact of dynamic pricing and automation yield increased win rate in highly competitive market, powering sales team agility and efficiency designed to drive revenue uplift HOUSTON, February 4, 2025 – PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced Averitt, a prominent player in the freight […]