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Procore Technologies Inc   (PCOR)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $78.6000 $-0.33 -0.418%
Day's High: $78.82 Week Perf: -1.48 %
Day's Low: $ 77.18 30 Day Perf: 6.91 %
Volume (M): 2,591 52 Wk High: $ 80.43
Volume (M$): $ 203,653 52 Wk Avg: $64.56
Open: $78.05 52 Wk Low: $48.11



 Market Capitalization (Millions $) 11,127
 Shares Outstanding (Millions) 142
 Employees 2,885
 Revenues (TTM) (Millions $) 950
 Net Income (TTM) (Millions $) -190
 Cash Flow (TTM) (Millions $) 57
 Capital Exp. (TTM) (Millions $) 53

Procore Technologies Inc
We are a major provider of cloud-based construction management software, and we are assisting in the transformation of one of the worlds oldest, largest, and least digital sectors. We are solely dedicated to the construction sector, connecting and empowering key players such as owners, general contractors, specialist contractors, architects, and engineers to interact from any place, using any internet-connected device. Our platform is modernizing and digitizing construction management by providing real-time access to critical project information, simplifying complex workflows, and facilitating seamless communication among key stakeholders, all of which we believe positions us to be the construction industrys system of record. Adoption of our platform assists clients in increasing productivity and efficiency, reducing rework and expensive delays, improving safety and compliance, and improving financial transparency and accountability.
We have established our market leadership through an approach focused on serving the unique needs of the construction industry. We work directly with stakeholders to develop the products they need and provide high-quality support, available to all users at no additional charge. Our four product categories, Preconstruction, Project Management, Resource Management, and Financial Management, automate workflows, provide real-time visibility, offer advanced analytics, and support collaboration across key stages of the construction project lifecycle. Each of our products can be accessed from the office or the jobsite on computers, smartphones, and tablets, enabling users to work wherever the job requires. Our open application programming interfaces ('APIs') and our application marketplace ('App Marketplace') allow customers to integrate our products with their internal systems and nearly 350 third-party applications, including accounting, document management, and scheduling software, providing our users with choice and flexibility, and demonstrably increasing the stickiness of our platform as we aim to become the construction industry's system of record.
Our customers range from small businesses managing a couple million dollars of annual construction volume to global enterprises managing billions of dollars of annual construction volume. Our core customers are owners, general contractors, and specialty contractors operating across the commercial, residential, industrial, and infrastructure segments of the construction industry. We generate substantially all of our revenue from subscriptions to access our products. We sell our products on a subscription basis for a fixed fee with pricing generally based on the number and mix of products a customer subscribes to and the fixed aggregate dollar volume of construction work contracted to run on our platform annually, which we refer to as annual construction volume. As our customers subscribe to additional products, or increase the annual construction volume contracted to run on our platform, we generate more revenue.
The construction process relies on coordination among highly fragmented and specialized groups, including key stakeholders such as owners, general contractors, specialty contractors, architects, and engineers. These stakeholders engage in financing, budgeting, designing, building, and maintaining commercial, residential, industrial, and infrastructure projects while navigating varying responsibilities, risk profiles, and motives. Completing a project safely, on time, and within budget requires effective collaboration between stakeholders across work streams, sharing information in a timely and effective manner, and navigating increasing contractual and regulatory complexity.


   Company Address: 6309 Carpinteria Avenue Carpinteria 93013 CA
   Company Phone Number: 477-6267   Stock Exchange / Ticker: NYSE PCOR
   


Customers Net Income grew by PCOR's Customers Net Profit Margin grew to

27.22 %

8.53 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ADBE   -11.27%    
BSY        0.1% 
MIXT        23.23% 
MTTR   -9.69%    
ORCL        0.2% 
SPSC   -2.21%    
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Procore Technologies Inc

Procore Technologies Inc achieves Marvelous Top-line improvement in Q4 2023

Procore Technologies Inc, a leading global provider of construction management software, has announced impressive financial results for the fourth quarter and full year ended December 31, 2023. The company reported a decrease in loss per share, with a significant improvement from $-0.49 per share to $-0.20 per share compared to a year ago. Additionally, income per share saw an improvement from $-0.31 per share in the preceding reporting season.
One of the most notable highlights of Procore's financial performance was the rapid revenue growth, with an increase of 28.683% to $260.01 million from $202.05 million in the same reporting season a year ago. Sequentially, revenue also surged by 4.934% from $247.78 million. This strong revenue growth is a positive indicator of the company's increasing demand in the market.

Procore Technologies Inc

Unstoppable Surge: Software & Programming Companyns' Q3 earnings sky rocket by 32.91% in 2023

Over the course of the last five trading days, Procore Technologies Inc shares have experienced a decline of -14.1%. While this may sound concerning, it is important to consider the bigger picture. Year to date, the company's shares have actually performed quite well, with a gain of 11.51%. Additionally, Procore Technologies Inc shares are currently trading 24.9% above its 52-week low.
Looking at the company's financial performance, there are some positive indicators. In the most recent fiscal period, Procore Technologies Inc reported a decrease in its loss per share, going from $-0.52 a year ago to $-0.31 per share. Furthermore, the company's earnings per share also improved from $-0.37 per share in the previous reporting season. This shows that the company is making progress in reducing its losses and potentially moving towards profitability.

Procore Technologies Inc

Procore Technologies Inc Outperforms Industry with Stellar Financial Results for Q2 2023; Records Significant Reduction in Loss Per Share and 32.535% Revenue Jump

Procore Technologies Inc, a leading software and programming company, has shown promising results in its second-quarter earnings for 2023. The company has managed to decrease its loss per share, reporting $-0.37 per share compared to $-0.54 per share in the same period last year. Moreover, the company's earnings per share improved from $-0.45 per share in the preceding quarter.
In terms of revenue, Procore Technologies Inc witnessed a significant jump of 32.535%. Revenue reached $228.23 million in the second quarter, compared to $172.21 million in the same quarter last year. Sequentially, the company experienced a 6.887% increase in revenue from $213.53 million. This growth in revenue outpaced most of its industry peers in the software and programming sector, where the average top-line rise was 12.10% for the same period last year.

Procore Technologies Inc

Procore Technologies Inc Shows Remarkable Progress and Potential for Profitability

The stock market is always an unpredictable and exciting space. As investors, we are constantly on the lookout for companies that offer promising growth opportunities. Among these companies is Procore Technologies Inc. Although it may seem like the company has experienced some losses, there is still plenty of good news to take into account.
Procore Technologies Inc recorded a cumulative net loss of $-279 million during the 12 months ending in the first quarter of 2023, resulting in a negative ROI of -24.66%. However, it is important to note that within the Technology sector, Procore Technologies Inc still holds its own, as only 185 other companies had a higher ROI.
Moreover, the ROI ranking has progressed in the Mar 31 2023 quarter, so far to 1567 from the total ROI ranking in the fourth quarter of 2022 at 3498. This suggests that the company is making progress and moving in the right direction. In fact, for the fiscal interval closing March 31 2023, PCOR decreased its loss per share of $-0.45 per share compared to $-0.53 a year before, and EPS improved from $-0.49 per share from the preceding reporting season.
Another encouraging sign is the fact that the company's revenue has jumped by 33.859% to $213.53 million from $159.52 million in the comparable reporting season a year before. In addition, sequentially, the revenue increased by 5.678% from $202.05 million. These figures demonstrate the company's impressive growth potential and the likelihood of it becoming a profitable business.






 

Procore Technologies Inc's Segments
 
 
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Procore Technologies Inc does not provide revenue guidance.

Earnings Outlook
Procore Technologies Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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