secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001564590-22-036354
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore Q3 revenue $186M (+41% YoY); CRO Dennis Lyandres resigns as CRO
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- Revenue of $186M, up 41% YoY, including $8.5M from Levelset acquisition.
- GAAP gross margin 80%; non-GAAP gross margin 84%.
- GAAP operating margin (39%); non-GAAP operating margin (7%).
- Operating cash inflow $7M; free cash outflow $6M.
- CRO Dennis Lyandres resigned effective Oct 31, now Special Advisor to CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000156459022036354/0001564590-22-036354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000156459022036354/pcor-8k_20221031.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-036354

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