Procore (PCOR) reported strong Q1 results on Thursday, with committed remaining performance obligations up 20% year over year, an acceleration from 19% last quarter, Citizens JMP tells investors in a research note. The firm continues to like Procore for long-term capital appreciation, despite seeing macro and tariff uncertainty as the driver of the stock near-term, and the company does “not have clarity on how tariffs could change the demand environment this year.”
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