Earnings summaries and quarterly performance for PROS Holdings.
Executive leadership at PROS Holdings.
Jeff Cotten
Detailed
President and Chief Executive Officer
CEO
Ajay Damani
Detailed
Executive Vice President, Engineering
Craig Zawada
Detailed
Chief Visionary Officer
Damian Olthoff
Detailed
General Counsel and Secretary
Nikki Brewer
Detailed
Chief People Officer
Scott Cook
Detailed
Chief Accounting Officer
Stefan Schulz
Detailed
Executive Vice President and Chief Financial Officer
Sunil John
Detailed
Chief Product Officer
Surain Adyanthaya
Detailed
President, Global Industries
Susanne Senoff
Detailed
Chief Information Security Officer
Board of directors at PROS Holdings.
Research analysts who have asked questions during PROS Holdings earnings calls.
Nehal Chokshi
Northland Capital Markets
5 questions for PRO
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Zane Meehan
KeyBanc Capital Markets Inc.
4 questions for PRO
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Needham & Company, LLC
3 questions for PRO
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Brian Schwartz
Oppenheimer & Co.
2 questions for PRO
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Jeff Van Rhee
Craig-Hallum Capital Group LLC
2 questions for PRO
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Matthew Kikkert
Stifel Financial
2 questions for PRO
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Parker Lane
Stifel Financial Corp.
2 questions for PRO
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Robert Oliver
Robert W. Baird & Co.
2 questions for PRO
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Daniel Hibshman
Craig-Hallum Capital Group LLC
1 question for PRO
Also covers: AKAM, BKSY, CRNC +7 more
Hin Fung Cheng
Bank of America
1 question for PRO
Also covers: SABR
Jason Celino
KeyBanc Capital Markets
1 question for PRO
Also covers: ADSK, AZPN, BSY +12 more
J. Parker Lane
Stifel, Nicolaus & Company, Incorporated
1 question for PRO
Patrick Schulz
Baird
1 question for PRO
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Robert Morelli
Needham & Company, LLC
1 question for PRO
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Victor Cheng
Bank of America Merrill Lynch
1 question for PRO
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Recent press releases and 8-K filings for PRO.
PROS Holdings, Inc. Provides Merger Updates and Financial Projections
PRO
M&A
Legal Proceedings
Takeover Bid
- PROS Holdings, Inc. entered into a Merger Agreement on September 22, 2025, to be acquired by Portofino Parent, LLC. A special stockholder meeting is scheduled for December 4, 2025, for stockholders to vote on the merger.
- The company is addressing litigation and demand letters filed between October 28, 2025, and November 25, 2025, alleging deficiencies in the definitive proxy statement related to the merger. PROS Holdings, Inc. is voluntarily supplementing disclosures despite believing the allegations are without merit.
- Key financial figures and projections are provided in the table below.
| Metric | Q3 2025 | 2025E | 2026E |
|---|---|---|---|
| Cash and Cash Equivalents ($USD Millions) | $187 | N/A | N/A |
| Debt ($USD Millions) | $315 | N/A | N/A |
| Revenue ($USD Millions) | N/A | $362 | $402 |
| Unlevered Free Cash Flow ($USD Millions) | N/A | $44 | $82 |
Nov 26, 2025, 9:44 PM
PROS Holdings' Merger Clears HSR Act Waiting Period
PRO
M&A
Proxy Vote Outcomes
- PROS Holdings, Inc. announced that the Hart-Scott-Rodino Antitrust Improvements Act of 1976 waiting period for its merger with Portofino Parent, LLC expired on November 24, 2025.
- This expiration satisfies one of the conditions for the merger, which was initially agreed upon on September 22, 2025.
- The completion of the merger is still subject to other closing conditions, including stockholder adoption, and is expected in the fourth quarter of 2025.
Nov 25, 2025, 9:56 PM
PROS Holdings, Inc. Reports Q3 2025 Financial Results and Pending Acquisition by Thoma Bravo
PRO
Earnings
M&A
Guidance Update
- PROS Holdings, Inc. reported Q3 2025 total revenue of $91.7 million, an 11% year-over-year increase, with subscription revenue growing 13% to $76.0 million.
- The company announced a definitive agreement to be acquired by Thoma Bravo L.P. in an all-cash transaction valued at approximately $1.4 billion, or $23.25 per share, expected to close in the fourth quarter of 2025.
- For Q3 2025, PROS reported a GAAP net loss of $(4.2) million, or $(0.09) per share, and non-GAAP net income of $10.4 million, or $0.22 per share.
- Due to the pending acquisition, PROS will not host a third-quarter earnings conference call and has suspended its practice of providing financial guidance.
Oct 27, 2025, 8:18 PM
PROS Holdings' B2B Business to be Acquired by Conga
PRO
M&A
Takeover Bid
- Conga has announced its preliminary binding terms to acquire the B2B business of PROS Holdings, Inc., following the acquisition of PROS by Thoma Bravo.
- The acquisition of PROS's B2B business by Conga is anticipated to close in Q1 2026, subject to customary conditions and regulatory approvals.
- This strategic combination aims to create the first fully integrated AI-powered platform for commercial excellence, designed to maximize revenue and customer lifecycle value.
- Dave Osborne, current CEO of Conga, is slated to lead the combined Conga and PROS B2B business post-transaction.
Oct 1, 2025, 10:06 PM
PROS Holdings: Conga Announces Intent to Acquire B2B Business
PRO
M&A
- Conga has announced its intent to acquire the B2B business of PROS Holdings, Inc., following the acquisition of PROS by certain investment funds related to Thoma Bravo.
- The acquisition of PROS' B2B business by Conga is expected to be finalized in Q1 2026, pending customary conditions and regulatory approvals.
- This strategic combination aims to create the first fully integrated platform for commercial excellence, leveraging AI to optimize B2B revenue and streamline processes across the revenue lifecycle.
- Dave Osborne, the current CEO of Conga, will serve as the CEO of the combined Conga and PROS B2B business once the transaction is complete.
Oct 1, 2025, 10:06 PM
PROS Holdings: Conga to acquire B2B business following Thoma Bravo acquisition
PRO
M&A
New Projects/Investments
- Conga has announced its intention to acquire the B2B business of PROS Holdings.
- This acquisition by Conga is expected to be finalized in Q1 2026, following the completion of Thoma Bravo's acquisition of PROS.
- The merger aims to create a unified, AI-powered platform for commercial excellence, combining solutions for configuration, pricing, quoting (CPQ), and contract lifecycle management (CLM).
- Dave Osborne, current CEO of Conga, will lead the combined Conga and PROS B2B business after the transaction closes.
Oct 1, 2025, 8:50 PM
PROS Holdings' B2B Business to be Acquired by Conga
PRO
M&A
CEO Change
New Projects/Investments
- Conga has agreed to acquire the B2B business of PROS Holdings, Inc. from Thoma Bravo-affiliated investment funds, following Thoma Bravo's acquisition of PROS.
- The acquisition of the B2B business is anticipated to close in Q1 2026, pending regulatory approvals and customary conditions.
- The merger aims to establish the first fully integrated, AI-powered platform for commercial excellence, combining CPQ, contract management, and document automation to optimize revenue generation.
- Dave Osborne, CEO of Conga, will lead the combined Conga and PROS B2B business as CEO post-transaction.
Oct 1, 2025, 8:47 PM
PROS Holdings' B2B Business to Be Acquired by Conga
PRO
M&A
Takeover Bid
- Conga has agreed to preliminary binding terms to acquire the B2B business of PROS Holdings, Inc..
- This acquisition by Conga is expected to occur after the acquisition of PROS by investment funds affiliated with Thoma Bravo.
- The closing of Conga's acquisition of the PROS B2B business is anticipated in the first quarter of 2026.
- The strategic combination aims to create the first fully integrated, AI-powered platform designed to help businesses maximize revenue and customer lifetime value.
- Dave Osborne, the current CEO of Conga, will serve as the CEO of the combined Conga and PROS B2B company following the transaction's close.
Oct 1, 2025, 8:45 PM
PROS Holdings and Thoma Bravo Announce Strategic Post-Acquisition Plans
PRO
M&A
New Projects/Investments
- Thoma Bravo and PROS Holdings, Inc. announced strategic plans for PROS's business segments following the planned acquisition, which is expected to close in Q4 2025.
- Following the acquisition, PROS's travel business will operate as a standalone platform investment under Thoma Bravo.
- PROS's B2B business will merge with Conga, an existing Thoma Bravo portfolio company.
- PROS shareholders will receive $23.25 per share in cash, representing a 41.7 percent premium over the closing share price on September 19, 2025.
Oct 1, 2025, 11:39 AM
PROS Holdings and Thoma Bravo Announce Post-Acquisition Strategic Plans
PRO
M&A
Takeover Bid
New Projects/Investments
- Thoma Bravo's acquisition of PROS Holdings, announced on September 22, 2025, is anticipated to close in Q4 2025.
- Following the acquisition, PROS' travel business will operate as a standalone platform investment under Thoma Bravo.
- PROS' B2B business will be combined with Conga, an existing Thoma Bravo portfolio company.
- PROS shareholders are set to receive $23.25 per share in cash, representing a 41.7% premium over the closing share price on September 19, 2025.
Oct 1, 2025, 11:30 AM
Quarterly earnings call transcripts for PROS Holdings.
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