Procore Technologies, Inc. (PCOR) Q3 2024 Earnings Call Transcript Summary
Procore Technologies, Inc. (PCOR) Q3 2024 Earnings Call Transcript Summary
Non-GAAP operating margin for Q3 was 9%, reflecting lower seasonal investments and one-time costs.The following is a summary of the Procore Technologies, Inc. (PCOR) Q3 2024 Earnings Call Transcript:
以下是Procore Technologies, Inc. (PCOR) Q3 2024業績會講話記錄總結:
Financial Performance:
金融業績：
Procore's Q3 2024 revenue grew 19% year-over-year, achieving $296 million.
International revenue grew 26% year-over-year; on a constant currency basis, it grew 27%.
Non-GAAP operating margin for Q3 was 9%, reflecting lower seasonal investments and one-time costs.
Total year-over-year growth for fiscal 2024 is projected to be 21%, with revenue expected between $1.146 billion and $1.148 billion.
Non-GAAP operating margin guidance for the full year is expected to be between 10.5% and 11%.
Procore在2024年第三季度營業收入同比增長19%，達到29600萬美元.
國際營業收入同比增長26%，基於不變貨幣計算，增長27%.
Q3的非GAAP營業利潤率爲9%，反映出季節性投資降低和一次性成本.
2024財年的全年同比增長預計爲21%，預計營業收入介於11.46億美元至11.48億美元之間.
全年非GAAP營業利潤率指引預計在10.5%至11%之間.
Business Progress:
業務進展：
Procore continues to expand its sales team and evolve its go-to-market strategy, aiming for localized and technical sales support.
Significant hiring progress was made, tracking well against goals for upcoming fiscal years.
Continuous innovation and platform enhancements are a focus, with upcoming reveals at the Groundbreak Conference in Denver.
Two significant customer expansions were highlighted, demonstrating Procore's impact and growth potential within large, established clients.
Procore繼續擴大其銷售團隊並調整其市場策略，旨在提供本地化和技術銷售支持。
取得了重要的招聘進展，並在即將到來的財政年度目標方面表現良好。
持續創新和平台增強成爲重點，即將在丹佛的Groundbreak大會上展示最新進展。
突出了兩個重要客戶的擴張，展示了Procore在大型、老牌客戶中的影響力和增長潛力。
Opportunities:
機會：
Procore is positioning itself to leverage market opportunities through its new go-to-market model, specifically addressing the needs of different buyer personas with technical sales support.
The company looks to capture significant growth among international construction stakeholders and leverage the large-scale digitization potential in the $15 trillion construction industry.
Procore正在通過全新的市場推廣模式定位自己，專門滿足不同買家人群的需求，並提供技術銷售支持。
該公司希望在國際建築利益相關者中實現顯著增長，並利用15萬億美元建築行業中的大規模數字化潛力。
Risks:
風險：
The ongoing go-to-market transition may cause short-term disruptions and impact revenue growth.
A challenging and mixed demand environment in the construction sector continues, as reflected in conservative growth projections for the next fiscal year.
持續進行的上市轉變可能會導致短期干擾並影響營業收入增長。
在施工板塊中，具有挑戰性且需求環境複雜的情況仍在持續，這反映在對未來財政年度保守增長預期中。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
