Reports Q3 revenue $339M, consensus $328.13M. “With this quarter’s strong results, I am pleased to be giving Ajei Gopal a strong foundation as he steps into the CEO role next week,” said Tooey Courtemanche, Founder, President, and CEO of Procore (PCOR). “We are the clear market leader in one of the largest industries in the world, we have built an unrivaled platform that we believe is well-positioned to harness the power of AI for our customers, and our go-to-market model is yielding positive returns. And now, with Ajei’s proven operational expertise and leadership, we will be even better positioned to drive durable growth while unlocking further shareholder value.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCOR:
- Procore Technologies: Strong Market Position and Innovative Advancements Justify Buy Rating
- Procore’s Strategic AI Integration and Growth Potential Bolster Buy Rating
- Optimistic Buy Rating for Procore Technologies Driven by Strong Revenue Projections and Strategic Developments
- Procore initiated with a Buy at Berenberg
- Procore Technologies: Poised for Growth with New Leadership and Strategic Opportunities