Reports Q4 revenue $202M, consensus $189.98M. "Our strong fourth quarter performance reflects the power of our platform, our leadership position and our trusted partnership with the construction industry. We look forward to continuing this momentum as we enter 2023," said Tooey Courtemanche, founder, president and CEO of Procore. "I’m also thrilled to share that CFO, Paul Lyandres, will be transitioning to a newly established role as President of Fintech in early May, at which time, our SVP of Finance, Howard Fu, will be promoted to CFO. These changes reinforce the incredible caliber of leadership we have as we look towards our next phase of efficient growth and continue advancing our vision of improving the lives of everyone in construction."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on PCOR:
- Jefferies software analyst to hold an analyst/industry conference call
- Procore named a top small-cap idea for 2023 at Piper Sandler
- Procore price target lowered to $60 from $70 at Oppenheimer
- Procore price target lowered to $60 from $67 at Piper Sandler
- Adobe price target raised to $415 from $380 at Piper Sandler