Procore (PCOR) Tops Q4 EPS by 10c; offers guidance

Procore (NYSE: PCOR) reported Q4 EPS of $0.17, $0.10 better than the analyst estimate of $0.07. Revenue for the quarter came in at $260.04 million versus the consensus estimate of $248.34 million.

GUIDANCE:

Procore sees Q1 2024 revenue of $262-264 million, versus the consensus of $257.4 million.

Q1 Non-GAAP operating margin is expected to be in the range of 7% to 8%.

Procore sees FY2024 revenue of $1.137-1.142 billion, versus the consensus of $1.125 billion.

FY24 Non-GAAP operating margin is expected to be in the range of 7% to 8%.

For earnings history and earnings-related data on Procore (PCOR) click here.

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