Procore Technologies: Q1 Earnings Insights

Procore Technologies PCOR reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

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

Procore Technologies beat estimated earnings by 108.33%, reporting an EPS of $0.01 versus an estimate of $-0.12.

Revenue was up $54.01 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 2.13% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.14	-0.17	-0.17	-0.17
EPS Actual	-0.08	-0.09	-0.19	-0.15
Revenue Estimate	189.98M	175.26M	162.08M	150.25M
Revenue Actual	202.05M	186.43M	172.21M	159.52M

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.

Earnings Calendar