earnings
confidence high
sentiment positive
materiality 0.70
Procore Q3 revenue $132M (+30% YoY); non-GAAP op margin (4%) improves
PROCORE TECHNOLOGIES, INC.
2022-Q3 EPS reported
-$2.71
revenue$368,718,000
- Revenue of $132M, up 30% year-over-year; GAAP gross margin 83%, non-GAAP 84%.
- GAAP operating margin (38%); non-GAAP operating margin (4%).
- Operating cash flow $15.1M; free cash flow $6.5M.
- Acquired Levelset and LaborChart to address payment and labor challenges.