PROS Holdings, Inc. today announced financial results for the first quarter ended March 31, 2017.
CEO Andres Reiner stated, “We continue to see momentum in our business with a strong start to 2017, driven by 49% growth in subscription revenue. More customers are adopting our machine learning solutions to power modern commerce, realizing value and expanding quickly. We also grew total revenue year-over-year, reaching a key milestone less than two years into our cloud transformation. It’s exciting to see our vision unfold as we execute on our mission of helping customers outperform.”
First Quarter 2017 Financial Highlights
Key financial results for the first quarter 2017 are shown in tables at their website. All dollar figures are in millions, except net loss per share. Unless otherwise noted, all results are on a reported basis and are compared with the prior-year period.
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