secwatch.observer — SEC 8-K summary
======================================

Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001564590-21-054468
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore Q3 revenue $132M (+30% YoY); non-GAAP op margin (4%) improves
---------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000156459021054468/0001564590-21-054468-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000156459021054468/pcor-8k_20211104.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-054468

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