Description

Procore Technologies: Initiation of Coverage- Could Helix Redefine the Future of Construction?

Procore Technologies, Inc. reported its fiscal 2025 Q2 earnings, showcasing a mix of positive performance metrics and ongoing strategic efforts to position itself for future growth in the construction technology industry. The company’s revenue grew by 14% year-over-year, reaching $324 million, accompanied by a 13% non-GAAP operating margin. This demonstrates solid top-line growth and improvement in efficiency. However, the revenue guidance for the next quarter suggests a deceleration, with expectations set between $326 million and $328 million, reflecting about 10% to 11% growth year-over-year.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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