Recap: Procore Technologies Q2 Earnings

Recap: Procore Technologies Q2 Earnings

Procore Technologies PCOR reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

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

Earnings

Procore Technologies missed estimated earnings by 11.76%, reporting an EPS of $-0.19 versus an estimate of $-0.17.

Revenue was up $49.41 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 5.6% drop in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.17 -0.15 -0.07 -0.14
EPS Actual -0.15 -0.15 -0.05 -2.04
Revenue Estimate 150.25M 137.39M 126.31M 116.73M
Revenue Actual 159.52M 146.10M 131.99M 122.79M

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.17 -0.15 -0.07 -0.14
EPS Actual -0.15 -0.15 -0.05 -2.04
Revenue Estimate 150.25M 137.39M 126.31M 116.73M
Revenue Actual 159.52M 146.10M 131.99M 122.79M

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.

Posted In: BZI-RecapsEarnings