Procore Technologies Inc. recently held its First Quarter 2025 Earnings Call, which was attended by key figures such as Tooey Courtemanche, Founder, President, and CEO, and Howard Fu, CFO. The call was hosted by Alexandra Geller, Head of Investor Relations. The company reported a positive financial performance, with actual earnings per share $(EPS)$ for Q1 2025 at $0.23, surpassing the consensus estimate of $0.18 by 27.78%. Revenue also exceeded expectations, reaching $310.63 million against a forecast of $302.64 million. During the call, management discussed several forward-looking statements concerning financial outlook, go-to-market strategies, and macroeconomic conditions. Tooey Courtemanche emphasized, "We remain committed to delivering value to our customers and shareholders while navigating the challenges of the current economic landscape." He also reassured stakeholders that Procore is focused on strategic initiatives to drive growth. The full transcript can be accessed through the link below.
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