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Press Release

PROS Holdings, Inc. Reports Second Quarter 2020 Financial Results

Houston,

– Subscription revenue of $42.4 million, up 21% year-over-year.

– Recurring revenue as a percentage of total revenue of 85%, up more than 600 basis points year-over-year.

HOUSTON – July 30, 2020 — 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, 2020.

“Today’s environment has only accentuated the need for businesses to deliver every aspect of commerce digitally,” started CEO Andres Reiner. “We welcomed new customers this quarter and are excited to accelerate their digital selling journeys with our industry leading, AI solutions. We see an attractive, long-term market opportunity in front of us and are confident in our ability to execute upon our strategy to capture it.”

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About PROS

PROS Holdings, Inc. (NYSE: PRO) helps the world’s leading companies outperform across the top and bottom line. Leveraging leadership in revenue and pricing science, the PROS Platform combines predictive AI, real-time analytics, and powerful automation to dynamically match offer to buyer and price to product, accelerating revenue growth and maximizing profit. With solutions spanning pricing, revenue management, offer marketing, and CPQ, PROS helps businesses optimize transactions across every channel. Learn more at pros.com.  www.pros.com.

PROS Media Contact

Amy Williams

+1 713-335-5916 
awilliams@pros.com