Procore Technologies, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year 2021
November 04, 2021 at 04:05 pm EDT
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Procore Technologies, Inc. provided financial guidance for the fourth quarter and full year 2021. For the fourth quarter, revenue is expected to be in the range of $136 million to $138 million.
For the full year 2021, revenue is expected to be in the range of $505 million to $507 million.
Procore Technologies, Inc. is a global provider of cloud-based construction management software. The Company is focused on connecting and empowering the construction industryâs stakeholders, such as owners, general contractors, specialty contractors, architects, and engineers, to collaborate and access its capabilities from any location on any Internet-connected device. Its five integrated product categories, such as Preconstruction, Project Execution, Workforce Management, Financial Management, and Construction Intelligence automate workflows, provide real-time visibility, offer advanced analytics, and support collaboration across key stages of the construction project lifecycle. Each of its products can be accessed from the office or the jobsite on computers, smartphones, and tablets, enabling users to work wherever the job requires. Its open application programming interfaces and its application marketplace allow customers to integrate its products with their internal systems.