Procore Technologies Q2 Adj EPS $0.02 Beats $(0.10) Estimate, Sales $228.54M Beat $217.69M Estimate
Portfolio Pulse from saritha@benzinga.com
Procore Technologies (NYSE:PCOR) reported Q2 earnings of $0.02 per share, beating the analyst consensus estimate of $(0.10) by 120%. This is a 110.53% increase over losses of $(0.19) per share from the same period last year. The company also reported quarterly sales of $228.54 million, beating the analyst consensus estimate of $217.69 million by 4.98%. This is a 32.71% increase over sales of $172.21 million the same period last year.
August 04, 2023 | 12:12 pm
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Procore Technologies reported Q2 earnings and sales that beat estimates, indicating a strong financial performance.
Procore Technologies reported better than expected Q2 earnings and sales, which is a positive signal for the company's financial health. This could lead to increased investor confidence and a potential increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100