---
schema_version: "secwatch.filing_event.v1"
accession: "0001392972-24-000062"
form_type: "8-K"
ticker: null
cik: "0001392972"
company_name: "PROS Holdings, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T17:14:44.060847+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PROS Q1 revenue $80.7M (+10% YoY), subscription revenue $64.3M (+15%), adj. EBITDA $4.6M beats guidance

## Summary
- GAAP net loss per share $(0.24) improved from $(0.41); non-GAAP EPS $0.04 vs $(0.06).
- Non-GAAP subscription gross margin 79%, up 140+ bps YoY; total non-GAAP gross margin 67%, up 315 bps YoY.
- Q2 2024 guidance: total revenue $80.5-$81.5M, subscription revenue $64.0-$64.5M, adj. EBITDA $1-$2M.
- Full year 2024 guidance: total revenue $332.5-$334.5M, subscription ARR $289-$292M (12% growth), adj. EBITDA $17-$20M.
- Appointed Todd McNabb as CRO; launched PROS Copilot for Sales Plugin with Microsoft.

## SEC filing metadata
- accession: 0001392972-24-000062
- form_type: 8-K
- cik: 0001392972
- company_name: PROS Holdings, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392972/000139297224000062/0001392972-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392972/000139297224000062/pro-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001392972-24-000062
- JSON: https://secwatch.observer/filing/0001392972-24-000062.json
- Plain text: https://secwatch.observer/filing/0001392972-24-000062.txt

## Key facts
- Earnings Releases
  PROS Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $80.7, net income $(11.4), EPS $(0.24).
  - Period: first quarter ended March 31, 2024
  - Revenue: $80.7
  - Net income: $(11.4)
  - EPS: $(0.24)
  - Result: reported results
  source text: noted, all results are on a reported basis and are compared with the prior-year period. GAAP Non-GAAP Q1 2024 Q1 2023 Change Q1 2024 Q1 2023 Change Revenue: Total Revenue $80.7 $73.2 10% n/a n/a n/a Subscription Revenue $64.3 $56.0 15% n/a n/a n/a Subscription and Maintenance Revenue $67.9 $61.7 10% n/a n/a n/a Profitability: Gross Profit $51.9 $43.6 19%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392972/000139297224000062/0001392972-24-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.