2023-08-02 16:50:27 ET
- Procore Technologies press release ( NYSE: PCOR ): Q2 Non-GAAP EPS of $0.02 beats by $0.11 .
- Revenue of $228.5M (+32.7% Y/Y) beats by $10.52M .
- Shares +2.22% .
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Third Quarter and Full Year 2023 Outlook:
Procore is providing the following guidance for the third quarter and full year 2023:
- Third Quarter 2023 Outlook:
- Revenue is expected to be in the range of $232 million to $234 million, vs. consensus of $231.79M, representing year-over-year growth of 24% to 26%.
- Non-GAAP operating margin is expected to be in the range of (6%) to (5%).
- Full Year 2023 Outlook:
- Revenue is expected to be in the range of $921 million to $924 million, vs. consensus of $912.22M, representing year-over-year growth of 28%.
- Non-GAAP operating margin is expected to be in the range of (4.5%) to (4%).
- Third Quarter 2023 Outlook:
For further details see:
Procore Technologies Non-GAAP EPS of $0.02 beats by $0.11, revenue of $228.5M beats by $10.52M