PROS Holdings, Inc. Reports Second Quarter 2019 Financial Results

• Total revenue of $63.9 million, up 35% year-over-year.
• Subscription revenue of $33.1 million, up 50% year-over-year.
• Subscription gross margins of 70% and non-GAAP subscription margin of 73%, up more than 700 basis points year-over-year.

HOUSTON – July 25, 2019 — PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced financial results for the second quarter ended June 30, 2019. “Companies across industries are realizing they must transform how they sell in today’s digital economy,” stated CEO Andres Reiner. “These companies are turning to our AI solutions to power their digital selling strategies, which is accelerating our growth. We’re also proud to be recognized as the clear market leader in G2 Crowd’s Summer 2019 Evaluation of Pricing Optimization & Management Software.”