PCOR Stock Recent News

Tooey Courtemanche, Procore CEO joins 'TechCheck' to discuss his thoughts on the company's guidance for the year and fourth quarter results.

Procore Technologies, Inc. (NYSE:PCOR ) Q4 2022 Earnings Conference Call February 16, 2023 5:00 PM ET Company Participants Matthew Puljiz - Investor Relations Tooey Courtemanche - Founder, President and Chief Executive Officer Paul Lyandres - Chief Financial Officer Howard Fu - Senior Vice President, Finance Conference Call Participants Luv Sodha - Jefferies Saket Kalia - Barclays Sterling Auty - SVB DJ Hynes - Canaccord Brent Bracelin - Piper Sandler Adam Borg - Stifel Dylan Becker - William Blair Ken Wong - Oppenheimer Nick Altmann - Scotiabank Operator Good afternoon. Thank you for attending Procore's Fourth Quarter 2022 Earnings Call.

Procore Technologies (PCOR) delivered earnings and revenue surprises of 42.86% and 6.20%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Procore is the leading construction focused software vendor. Results last quarter were exceptionally strong but the company's guidance was very conservative.

Procore Technologies (PCOR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

PCOR is tackling an industry that is large and ripe for disruption. PCOR's comprehensive platform increases retention rate and opportunities for cross-selling.

Recent news may have given these companies the fuel they need to become market leaders.

Procore Technologies, Inc. (NYSE:PCOR ) Q3 2022 Results Conference Call November 2, 2022 5:00 PM ET Company Participants Matthew Puljiz - VP of IR Tooey Courtemanche - Founder, Chairman, CEO and President Paul Lyandres - CFO and Treasurer Conference Call Participants Sterling Auty - Moffettnathanson DJ Hynes - Canaccord Dylan Becker - William Blair Ken Wong - Oppenheimer Brent Bracelin - Piper Sandler Joe Goodwin - JMP Securities Brent Thill - Jefferies Jason Celino - KeyBanc Operator Good afternoon. Thank you for attending the Procore Technologies Fiscal Year 2022 Q3 Earnings Call.

Procore Technologies (PCOR) delivered earnings and revenue surprises of 47.06% and 6.44%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Procore offers investors an interesting way to expand their software exposure to the construction industry, one of the largest in the world. As a relatively recent IPO, there are some valuation risks to still consider, but I prefer to consider a company's long-term viability.