| Procore Technologies, Inc. (PCOR) Q1 2025 Earnings Call Transcript |
Procore Technologies, Inc. (NYSE:PCOR ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Alexandra Geller - Head-Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Dylan Becker - William Blair Joe Vruwink - Baird Brent Bracelin - Piper Sandler Matt Martino - Goldman Sachs DJ Hynes - Canaccord Adam Borg - Stifel Jason Celino - KeyBanc Capital Markets Operator Good afternoon. Thank you for attending today's Procore Technologies, Inc. FY 2025 Q1 Earnings Call. |
seekingalpha.com |
2025-05-02 02:27:36 |
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| Procore Technologies (PCOR) Surpasses Q1 Earnings and Revenue Estimates |
Procore Technologies (PCOR) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.30 per share a year ago. |
zacks.com |
2025-05-01 22:55:28 |
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| Procore Announces First Quarter 2025 Financial Results |
CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the first quarter ended March 31, 2025. “Our Q1 performance represented a positive start to the year, reflecting our measurable ROI for our customers,” said Tooey Courtemanche, Founder, President, and CEO of Procore. “Our ability to help customers achieve more with less positions us well to serve them as they naviga. |
businesswire.com |
2025-05-01 20:05:00 |
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| Earnings Preview: Procore Technologies (PCOR) Q1 Earnings Expected to Decline |
Procore Technologies (PCOR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-24 15:08:35 |
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| Procore Continues To Deliver Under Industry Headwinds |
Procore's Q4 earnings exceeded expectations, with revenue at $302M (16% YoY) and a gross margin of 81%, despite industry headwinds. The company continues to gain market share and win deals, with Q4 revenue growth of 16% YoY, outpacing many peers. Procore's diversified customer base and global reach enhance its durability, with high retention rates and significant international revenue growth. |
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2025-04-23 17:17:04 |
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| Procore: A Generational Founder Steps Back, But The Business Marches On |
Procore Technologies' stock offers a compelling buy opportunity at around the same price as six months ago. The company posted $1.15 billion in revenue for 2024, with 21.2% year-over-year growth, despite macroeconomic headwinds. Procore's valuation remains attractive compared to Autodesk, trading at lower EV/Revenue multiples while growing faster. |
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2025-04-18 12:30:09 |
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| Procore Announces Timing of First Quarter Fiscal Year 2025 Earnings Call |
CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its first quarter fiscal year 2025 financial results after the U.S. financial markets close on Thursday, May 1, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, May 1, 2025 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To access th. |
businesswire.com |
2025-04-10 20:05:00 |
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| Procore Announces CEO Succession Plan |
CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR--Procore Technologies, Inc. (NYSE: PCOR) (“Procore” or the “Company”), the leading global provider of construction management software, today announced that Founder, President and CEO, Tooey Courtemanche, intends to transition to Executive Chairman upon the appointment of a successor. In this position, he will continue to be deeply involved in the business and lead the Board. Until that time, there will be no changes to Courtemanche's current role as CEO. Th. |
businesswire.com |
2025-03-10 19:15:00 |
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| Procore Technologies: Remain Buy Rated On Growth Acceleration Beyond FY25 |
Procore Technologies maintains a buy rating due to strong execution, a promising GTM transition, and Procore Pay as a significant growth catalyst. 4Q24 results showed a 16% y/y revenue growth to $302 million, with notable cRPO growth and a significant increase in customers with >$1 million ARR. PCOR's GTM transition is driving enterprise expansion, evidenced by multiple seven-figure ARR contracts and improved sales productivity from a specialist-driven model. |
seekingalpha.com |
2025-02-18 06:25:29 |
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| Procore: Mixed Earnings, Revenue Tops |
Procore Technologies (PCOR 1.09%), a leading provider of cloud-based construction management software, released its earnings for the fourth quarter of 2024 on February 13, 2025. The company posted revenue of $302 million, exceeding both analyst estimates of $297 million and its own guidance. |
fool.com |
2025-02-14 10:18:05 |
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| Procore Technologies, Inc. (PCOR) Q4 2024 Earnings Call Transcript |
Procore Technologies, Inc. (NYSE:PCOR ) Q4 2024 Results Earnings Conference Call February 14, 2025 5:00 PM ET Company Participants Alexandra Geller - Head, Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants Brent Bracelin - Piper Sandler Joe Vruwink - Robert W. Baird DJ Hynes - Canaccord Brent Thill - Jefferies Saket Kalia - Barclays Dylan Becker - William Blair Adam Borg - Stifel Daniel Jester - BMO Capital Markets Jason Celino - KeyBanc Capital Markets Alexei Gogolev - J.P. |
seekingalpha.com |
2025-02-14 02:17:10 |
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| Procore Technologies (PCOR) Q4 Earnings Lag Estimates |
Procore Technologies (PCOR) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.17 per share a year ago. |
zacks.com |
2025-02-13 20:25:18 |
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| Procore Announces Timing of Fourth Quarter and Full Fiscal Year 2024 Earnings Call |
CARPINTERIA, Calif.--(BUSINESS WIRE)---- $pcor--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its fourth quarter and full fiscal year 2024 financial results after the U.S. financial markets close on Thursday, February 13, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, February 13, 2025 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial. |
businesswire.com |
2025-01-23 18:05:00 |
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| Procore: Future Remains Bright |
Procore Technologies, a founder-led company, is disrupting the construction industry with its leading technology platform, boasting 2 million active users and high gross retention rates. Despite underperforming the S&P 500 YTD, Procore's new go-to-market strategy and strong financials, including $439 million in cash, indicate promising future growth. Procore's total addressable market is vast, and the company is well-positioned for geographic expansion and product cross-selling, with opportunities for significant revenue growth. |
seekingalpha.com |
2024-12-06 10:52:58 |
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| FYLD Integrates With Procore to Bridge the Gap Between Construction Field Work and Back Office, Leading to 12% Productivity Gains |
Empowers field workers and managers to proactively manage projects with real-time insights and predictive analytics DENVER , Nov. 21, 2024 /PRNewswire/ -- FYLD , the AI-powered, field work effectiveness platform for the global infrastructure sector, today announced its integration with Procore , the leading global provider of construction management software. The integration bridges the gap between field operations and project management, resulting in productivity gains of up to 12% in 6 short weeks, and reducing safety risks by more than 48%. |
prnewswire.com |
2024-11-21 11:00:00 |
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| EarthCam Introduces Project Scheduling for its Jobsite Camera Platform at Procore Groundbreak |
Denver, CO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- EarthCam, the leader in live camera technology, content, and services, today announced new visual data capabilities for Procore at Groundbreak, a leading construction industry conference. EarthCam is Procore's number-one site camera partner, and its new advancements include live video combined with Procore's Schedule to create a unique one-stop view of progress in the context of key project milestones. |
globenewswire.com |
2024-11-20 14:55:00 |
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| Procore Launches Procore AI with New Agents to Boost Construction Management Efficiency |
DENVER--(BUSINESS WIRE)---- $pcor--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today at Groundbreak 2024 announced the launch of its Procore AI solutions. This includes its new AI-powered Agents, artificial intelligence platform capabilities designed to enhance project efficiency, improve decision-making, and enable smarter, faster, and more seamless workflows. Procore AI, built on Procore's unified, intelligent platform, is powered by Procore. |
businesswire.com |
2024-11-20 12:50:00 |
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| Procore Drives Connected Construction Innovation at Groundbreak 2024 |
DENVER--(BUSINESS WIRE)---- $pcor--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today kicks off Groundbreak 2024, the construction industry's most innovative conference. Procore is unveiling Resource Management, the industry's first all-in-one solution for comprehensive labor, equipment and materials tracking and planning, along with new AI-powered Scheduling and Safety tools that enhance efficiency and streamline safety management. “Constructi. |
businesswire.com |
2024-11-20 12:45:00 |
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| Procore Technologies: Sales Force Expansion And International Expansion, Buy |
Procore Technologies is a leading provider of cloud-based construction management software, with significant growth potential in the underpenetrated digital construction market. Procore's integrated platforms and focus on large customers provide competitive advantages, contributing to strong revenue growth and improved profitability. International expansion and sales team growth are key drivers, with a one-year target price of $82 per share and a 'Buy' rating. |
seekingalpha.com |
2024-11-19 08:24:22 |
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| Are You Looking for a Top Momentum Pick? Why Procore Technologies (PCOR) is a Great Choice |
Does Procore Technologies (PCOR) have what it takes to be a top stock pick for momentum investors? Let's find out. |
zacks.com |
2024-11-08 15:01:17 |
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| Earnings Estimates Rising for Procore Technologies (PCOR): Will It Gain? |
Procore Technologies (PCOR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. |
zacks.com |
2024-11-06 15:20:21 |
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| Procore Technologies, Inc. (PCOR) Q3 2024 Earnings Call Transcript |
Procore Technologies, Inc. (NYSE:PCOR ) Q3 2024 Earnings Call October 30, 2024 5:00 PM ET Company Participants Alexandra Geller - Head, Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants DJ Hynes - Canaccord Joe Vruwink - Baird Luv Sodha - Jefferies Saket Kalia - Barclays Brent Bracelin - Piper Sandler Adam Borg - Stifel Dylan Becker - William Blair Jason Celino - KeyBanc Nick Altmann - Scotiabank Sameer Patel - Mizuho Operator Good evening, all and thank you all for attending the Procore Technologies Full Year ‘24 Third Quarter Earnings Call. My name is Brika, and I will be your moderator for today's call. |
seekingalpha.com |
2024-10-31 04:39:09 |
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| Procore Technologies (PCOR) Q3 Earnings and Revenues Surpass Estimates |
Procore Technologies (PCOR) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.09 per share a year ago. |
zacks.com |
2024-10-30 21:30:16 |
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| Procore Announces Timing of Third Quarter Fiscal Year 2024 Earnings Call and Announces Date for 2024 Investor Day |
CARPINTERIA, Calif.--(BUSINESS WIRE)---- $pcor--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its third quarter fiscal year 2024 financial results after the U.S. financial markets close on Wednesday, October 30, 2024. In conjunction with this announcement, Procore will host a conference call on Wednesday, October 30, 2024 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. |
businesswire.com |
2024-10-10 20:05:00 |
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| Procore Technologies: Strong Growth, Expanding Margins, And Relative Undervaluation |
I recommend a 'Buy' rating for Procore due to its robust revenue growth, expanding margins, and undervaluation relative to Autodesk. Procore's financials showcase rapid revenue growth, expanding gross margins, and strong cash generation, despite not yet achieving GAAP profitability. The company's valuation is attractive, with Procore trading at a lower EV/Revenue multiple than Autodesk. |
seekingalpha.com |
2024-10-04 15:10:16 |
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| Procore: My Pick For An IT Stock Whose Business Can Recover As Interest Rates Start To Fall |
Procore's growth has been impacted by rising interest rates, but a falling rate environment could boost user sentiment and increase software spending in the construction space. Procore probably has the broadest platform in the construction industry, and with new entries into payments, genAI, and a push into the channel, it has new unforecasted growth drivers. The company's sales force reorganization may cause short-term disruption, but it is expected to drive long-term growth and deeper customer engagement. |
seekingalpha.com |
2024-09-25 19:23:10 |
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| 3 Tech Stocks to Buy Instead of Nvidia |
Taiwan Semiconductor will be a huge beneficiary from AI proliferation. Meta shares are fairly cheap now given the company's performance. |
fool.com |
2024-09-07 10:30:00 |
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| Procore Technologies: Opportunity For The Long-Term |
Procore recently announced strategic changes to their go-to-market operating model, which will impact revenue growth and operating margins in the near term. The company is focused on creating an operating model which will lead to stronger customer relationships, specifically in international markets. Despite short-term challenges, Procore's financial performance remains strong with revenue growth, high customer retention, and a solid balance sheet. |
seekingalpha.com |
2024-08-17 06:51:33 |
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| 3 Tech Stocks That Have Entered Correction Territory |
Wall Street pays significant attention to the technology sector as tech companies typically deliver substantial returns to investors. However, the volatile nature of this industry means that tech stocks can especially short-term experience downturns. |
investorplace.com |
2024-08-14 11:25:00 |
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| Procore Announces Investor Call with CRO Larry Stack |
CARPINTERIA, Calif.--(BUSINESS WIRE)---- $PCOR--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will host an investor call with Chief Revenue Officer, Larry Stack, on Friday, August 16, 2024 at 1:00 p.m. (Pacific time) to address questions from shareholders following its Q2 FY2024 earnings call. To access this webinar, please email ir@procore.com. About Procore Procore Technologies, Inc. (NYSE: PCOR) creates software for pe. |
businesswire.com |
2024-08-12 20:05:00 |
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| 3 No-Brainer Stocks to Buy Right Now for Less Than $100 |
PayPal's turnaround story is starting to play out. UiPath's one stumble caused the stock to fall. |
fool.com |
2024-08-05 11:52:00 |
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| My Top 4 Stocks to Buy in August |
Taiwan Semiconductor is dominating the chip market. Alphabet has seen some weakness after its Q2 results. |
fool.com |
2024-08-02 11:15:00 |
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| Procore Technologies, Inc. (PCOR) Q2 2024 Earnings Call Transcript |
Procore Technologies, Inc. (NYSE:PCOR ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Matthew Puljiz - SVP, Finance and Investor Relations Tooey Courtemanche - Founder, CEO , President & Chairman Howard Fu - CFO Conference Call Participants Dylan Becker - William Blair & Company Saket Kalia - Barclays Jason Celino - KeyBanc Capital Markets Alexei Gogolev - JPMorgan Nick Altmann - Scotiabank Robert Trout - Macquarie Brent Thill - Jefferies Andrew Sherman - TD Cowen Operator Good afternoon, everyone. I would like to thank you for attending the Procore Technologies' Full-Year 2024 Q2 Earnings Call. |
seekingalpha.com |
2024-08-02 02:41:15 |
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