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Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced that it will report its second quarter fiscal year 2023 financial results after the U.S. financial markets close on Wednesday, August 2, 2023. In conjunction with this ann...
2023-07-11 15:53:18 ET Shares of Procore Technologies ( NYSE: PCOR ) rose +6.1% on Tuesday after Scotiabank upgraded the construction tech firm to Sector Outperform from Sector Perform, and increased the PT to $80 from $70. Brokerage's PT of $80 represents a premium of about...
2023-07-03 12:13:57 ET Summary Procore has demonstrated substantial financial progress, as its revenue soared to $214 million, reflecting a year-over-year growth of 34%, while also achieving an impressive gross margin of 85%. Procore has a well-diversified customer base, ensuring ...
Research reveals 90% of respondents confident about industry conditions over the next 12 months Procore Technologies, Inc. , a leading global provider of construction management software, released its construction industry benchmark report How We Build Now: Technology and Industry...
Economic volatility is leading to increased tech investment: 30 per cent say they need new technology to achieve greater efficiencies Industry realizes the value of data: 41 per cent feel that they would be able to make better decisions if they had better access to real-time and historic ...
2023-06-18 06:30:00 ET When looking for investments, it's wise to consider companies with a sizable market so they won't run out of room to expand. As a growth investor, I want maximum upside. Two stocks that fit that bill are CrowdStrike Holdings (NASDAQ: CRWD) and Procore Te...
2023-06-12 12:50:33 ET Summary I upgraded my rating from Hold to Buy given the strong 1Q23 results and an upward revision of FY23 guidance. PCOR's large customer backlog and exposure to thriving construction sub-sectors provide insulation against short-term demand fluctuations and...
2023-05-16 23:10:42 ET Summary The global construction industry offers a significant opportunity for software companies like Procore to drive digital transformation. PCOR's construction management platform is considered best-in-class and is expected to gain market share. Given...
2023-05-09 00:34:48 ET Summary Procore is down roughly 50% since its IPO in 2021. The company has massive growth opportunities in the construction industry thanks to the acceleration of digital transformation. The latest earnings showed strong top-line growth despite facing a ...
2023-05-08 16:13:53 ET Procore Technologies ( NYSE: PCOR ) on Monday announced that Howard Fu is assuming the role of CFO and treasurer. Paul Lyandres has been appointed to the newly-created role of president of fintech. Press Release . ...
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Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the launch of the process to authorize its platform and solutions with the Federal Risk and Authorization Management Program (FedRAMP®). Procore's launch of the FedRAMP...
Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its second quarter fiscal year 2024 financial results after the U.S. financial markets close on Thursday, August 1, 2024. In conjunction with this an...
Investments in Artificial Intelligence and Maps Accelerates Collaboration Across the Construction Industry Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today is kicking off Innovation Summit 2024 , announcing a series of...