Procore Technologies First Quarter 2025 Earnings: Beats Expectations

Procore Technologies (NYSE:PCOR) First Quarter 2025 Results

Key Financial Results

• Revenue: US$310.6m (up 15% from 1Q 2024).
• Net loss: US$33.0m (loss widened by 201% from 1Q 2024).
• US$0.22 loss per share (further deteriorated from US$0.075 loss in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Procore Technologies Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.1%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Procore Technologies.

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