secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001564590-21-041573
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore Q2 revenue $122.8M (+27% YoY); non-GAAP operating margin narrows to -4%
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- Revenue of $122.8M, up 27% year-over-year.
- GAAP gross margin 79%; non-GAAP gross margin 84%.
- GAAP operating margin (121%); non-GAAP operating margin (4%).
- Operating cash outflow was $3.1M in Q2 2021.
- IPO completed May 24, 2021: 10.41M shares at $67, net proceeds $665.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000156459021041573/0001564590-21-041573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000156459021041573/pcor-8k_20210805.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-041573

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer