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PCOR

Procore Technologies Inc

$58.49

Earnings Summary

Revenue
$172.21Mn
Net Profits
$-73.12Mn
Net Profit Margins
-42.46%

Highlights

Revenue:

Procore Technologies Inc’s revenue jumped 40.24% since last year same period to $172.21Mn in the Q2 2022. On a quarterly growth basis, Procore Technologies Inc has generated 7.95% jump in its revenue since last 3-months.

Net Profits:

Procore Technologies Inc’s net profit jumped 51.16% since last year same period to $-73.12Mn in the Q2 2022. On a quarterly growth basis, Procore Technologies Inc has generated -2.39% fall in its net profits since last 3-months.

Net Profit Margins:

Procore Technologies Inc’s net profit margin jumped 65.17% since last year same period to -42.46% in the Q2 2022. On a quarterly growth basis, Procore Technologies Inc has generated 5.16% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Procore Technologies Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.17
EPS Estimate Current Year
-0.17

Highlights

EPS Estimate Current Quarter:

Procore Technologies Inc’s earning per share (EPS) estimates for the current quarter stand at -0.17 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Procore Technologies Inc’s earning per share (EPS) estimates for the current year stand at -0.17.

Key Ratios

Key ratios of the Procore Technologies Inc post its Q2 2022 earnings

Earning Per Share (EPS)
-0.19
Return on Assets (ROA)
-0.1
Return on Equity (ROE)
-0.22
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Procore Technologies Inc’s earning per share (EPS) fell -137.5% since last year same period to -0.19 in the Q2 2022. This indicates that the Procore Technologies Inc has generated -137.5% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Procore Technologies Inc’s return on assets (ROA) stands at -0.1.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Procore Technologies Inc’s return on equity (ROE) stands at -0.22.

Dividend Per Share (DPS):

Procore Technologies Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
-0.17
-0.19
-11.76%
2022-05-06
-0.17
-0.15
11.76%

Company Information

Procore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Procore’s platform connects key project stakeholders to solutions Procore has built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's Marketplace has a multitude of partner solutions that integrate seamlessly with Procore’s platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe.

Organisation
Procore Technologies Inc
Headquarters
6309 Carpinteria Avenue, Carpinteria, CA, United States, 93013
Employees
1911