PCOR Stock Recent News

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced that it will report its second quarter fiscal year 2025 financial results after the U.S. financial markets close on Thursday, July 31, 2025. In conjunction with this announcement, Procore will host a conference call on Thursday, July 31, 2025 at 2:00 p.m. Pacific Time to discuss Procore's financial results and financial guidance. To acce.

Procore delivered solid Q1 results with 15% revenue growth, strong margins, and robust customer retention, supporting my positive outlook. International expansion and product innovation, especially in AI and geospatial features, remain key growth drivers and differentiators versus competitors like ACC. Procore's large addressable market and low current penetration offer significant runway for customer growth and upselling opportunities.

Despite recent stock declines, I remain bullish on Procore's long-term growth, especially with market opportunities both domestically and internationally. Procore's CEO transition introduces risk as does the ever-changing tariff situation. Procore's focus on AI-driven product enhancements and strategic BIM acquisitions strengthens its competitive edge and should keep client retention high.

In 2024, the homes and buildings industry saw a 6.9% growth, thriving amid uncertainties. Projections for 2025 range from 4.3% to 8.6%, fueled by AI, IoT, and smart solutions. Despite challenges like rising O&M costs and labor shortages, innovations in AI and automation are reshaping the industry. In 2024, the homes and buildings industry saw a 6.9% growth, thriving amid uncertainties. Projections for 2025 range from 4.3% to 8.6%, fueled by AI, IoT, and smart solutions. Despite challenges like rising O&M costs and labor shortages, innovations in AI and automation are reshaping the industry.

CARPINTERIA, Calif. & LONDON--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today announced investments in its Building Information Modeling (BIM) capabilities. Expanding on its existing BIM offerings, Procore has announced its acquisitions of Novorender and FlyPaper, which upon integration will empower owners and contractors worldwide to unlock BIM, streamline coordination, and connect critical BIM data seamlessly across.

Procore Technologies, Inc. (NYSE:PCOR ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Alexandra Geller - Head-Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Howard Fu - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Dylan Becker - William Blair Joe Vruwink - Baird Brent Bracelin - Piper Sandler Matt Martino - Goldman Sachs DJ Hynes - Canaccord Adam Borg - Stifel Jason Celino - KeyBanc Capital Markets Operator Good afternoon. Thank you for attending today's Procore Technologies, Inc. FY 2025 Q1 Earnings Call.

Procore Technologies (PCOR) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.30 per share a year ago.

CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced financial results for the first quarter ended March 31, 2025. “Our Q1 performance represented a positive start to the year, reflecting our measurable ROI for our customers,” said Tooey Courtemanche, Founder, President, and CEO of Procore. “Our ability to help customers achieve more with less positions us well to serve them as they naviga.

Procore Technologies (PCOR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Procore's Q4 earnings exceeded expectations, with revenue at $302M (16% YoY) and a gross margin of 81%, despite industry headwinds. The company continues to gain market share and win deals, with Q4 revenue growth of 16% YoY, outpacing many peers. Procore's diversified customer base and global reach enhance its durability, with high retention rates and significant international revenue growth.