Press Release

PROS Holdings, Inc. Announces Updated Fourth Quarter and Full Year 2021 Guidance and Date of Fourth Quarter and Full Year 2021 Financial Results Release, Conference Call, and Webcast

HOUSTON, January 13, 2022PROS® (NYSE: PRO), a provider of SaaS solutions optimizing shopping and selling experiences, today announced updated fourth quarter and full year 2021 guidance and the fourth quarter and full year 2021 financial results release date.

Fourth Quarter and Full Year 2021 Financial Outlook
PROS currently anticipates the following based on an estimated 44.4 million basic weighted average shares outstanding for the fourth quarter of 2021 and a 22% non-GAAP estimated tax rate for the fourth quarter and full year 2021. This updated guidance is inclusive of EveryMundo, which was acquired by PROS on November 30, 2021.

Q4 2021 Guidance

v. Q4 2020 at Mid-Point

Full Year 2021 Guidance

v. Prior Year at Mid-Point

Total Revenue$64.0 to $64.56%$250.4 to $250.9(1)%
Subscription Revenue$46.0 to $46.58%$177.0 to $177.54%
ARR (Constant Currency)n/an/a$228.5 to $229.09%
Non-GAAP Loss Per Share$(0.19) to $(0.18)$(0.05)n/an/a
Adjusted EBITDA$(7.7) to $(7.2)$(3.3)$(26.1) to $(25.6)$1.7
Free Cash Flown/an/a$(22.0) to $(21.0)$31.8

Fourth Quarter and Full Year 2021 Release Date
PROS will release its financial results for the fourth quarter and full year ended December 31, 2021 after the U.S. financial markets close on Thursday, February 10, 2022.

PROS will host a conference call on Thursday, February 10, 2022 at 4:45 p.m. EDT to discuss the company’s financial results and business outlook. To access this call, dial 1-877-407-9039 (toll-free) or 1-201-689-8470.

The live and archived webcasts of this call can be accessed under the “Investor Relations” section of the Company’s website at www.pros.com. A telephone replay will be available until Thursday February 24, 2022, 11:59 PM EDT at 1-844-512-2921 (toll-free) or 1-412-317-6671 using the pass code 13725919.

About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of SaaS solutions that optimize shopping and selling experiences. Built on the PROS Platform, these intelligent solutions leverage business AI, intuitive user experiences and process automation to deliver frictionless, personalized purchasing experiences designed to meet the real-time demands of today’s B2B and B2C omnichannel shoppers, regardless of industry. To learn more, visit www.pros.com.

 

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Media Contact:
Amy Williams
awilliams@pros.com
612-207-8139

PROS Investor Relations
Belinda Overdeput
ir@pros.com
713-335-5895

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