PROS Holdings, Inc. Reports Q4 EPS of $0.08 vs. $0.06
PROS Holdings, Inc. (NYSE: PRO) today announced financial results for the fourth quarter and full year ended December 31, 2010.
Total revenue, in accordance with generally accepted accounting principles (“GAAP”), for the fourth quarter of 2010 was $20.2 million, exceeding the high end of the Company's revenue guidance for the quarter. For the year ended December 31, 2010, GAAP revenue was $71.0 million and non-GAAP revenue was $74.2 million.
For the quarter ended December 31, 2010, non-GAAP income from operations was $2.9 million compared with $3.0 million for the same period in 2009. Non-GAAP net income was $2.2 million, or $0.08 per share, which includes the benefit of the Research and Experimentation (“R&E”) tax credit, compared with $2.3 million, or $0.09 per share, in the fourth quarter of 2009.
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