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.

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.

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

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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