Recap: Procore Technologies Q4 Earnings

Procore Technologies (NYSE:PCOR) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM. Here’s what…

Procore Technologies (NYSE:PCOR) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Procore Technologies beat estimated earnings by 142.86%, reporting an EPS of $0.17 versus an estimate of $0.07.

Revenue was up $57.99 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 16.12% drop in the share price the next day.

Here’s a look at Procore Technologies’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.05 -0.10 -0.12 -0.14
EPS Actual 0.09 0.02 0.01 -0.08
Revenue Estimate 233.71M 217.69M 203.27M 189.98M
Revenue Actual 247.91M 228.54M 213.53M 202.05M

To track all earnings releases for Procore Technologies visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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