PROS Holdings, Inc. Announces Pricing of $125 Million Convertible Senior Note Offering

HOUSTON, May 2, 2019 – PROS Holdings, Inc. (NYSE: PRO) today announced the pricing of its $125 million aggregate principal amount of 1.00% convertible senior notes due 2024. The convertible notes are being offered in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. PROS granted an […]

PROS Holdings, Inc. Announces $125 Million Private Offering of Convertible Senior Notes

HOUSTON, April 30, 2019 – PROS Holdings, Inc. (NYSE: PRO) today announced that it intends to offer, subject to market conditions and other factors, $125 million aggregate principal amount of convertible senior notes due 2024 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. PROS expects […]

United Betting on Bringing Passengers Into Direct Channels

By Robert Silk | Travel Weekly Only time will tell if United will follow through on its recent, bold pronouncement that it will stop doing business with the Expedia Group of OTAs as of Oct. 1. But should United bring the promised move to fruition, it could signal a new resolve by the Chicago-based carrier […]

PROS Holdings, Inc. Reports First Quarter 2019 Financial Results

Subscription revenue of $30.4 million, up 45% year-over-year. Subscription gross margins of 68% and non-GAAP subscription margin of 71% in the first quarter, up more than 750 basis points year-over-year. HOUSTON, April 25, 2019 — PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced financial […]

Frontier Airlines to Optimize Revenue in Highly Dynamic Markets with PROS RM Essentials

Forecasts Demand Quickly and Accurately for Ultra Low-Cost Carrier; Serves as Foundation to Accelerate Growth Over Time HOUSTON, April 9, 2019 – PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced that Denver-based Frontier Airlines, an Ultra Low-Cost Carrier (ULCC) dedicated to providing affordable travel across America, […]

Sales Enablement: A New Role for Sellers

By Phil Britt | CRM Magazine Sales People Need Insightful Technologies By examining the prospect’s previous interactions, sales reps gain insight into what the potential customer might already know about the product or service, how far down the sales funnel the customer actually is, and other insights, Gillett says. With this insight, the salesperson can […]

How Aussie Brands are Using Humans and AI to Improve Customer Experience

By Vanessa Mitchell | CMO Brand digital and technology executive gathered at the CMO-CIO Executive Connections event in Sydney to discuss how they are using AI and humans to improve experiences for their customers. Artificial intelligence (AI) might be the current marketing buzzword, but it shouldn’t be implemented for the sake of it, or be […]

PROS Named Winner in 2019 CRM Watchlist Award

Company recognized fifth year in a row for impact in CRM space HOUSTON, February 27, 2019 – PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced that it was named a winner in the prestigious 2019 CRM Watchlist. Created by leading CRM thought leader and industry analyst […]