In ‘transition year,’ Procore reports growth in both revenue and net losses
IN THIS ARTICLE
- Banking & Finance Topic
- Jorge Mercado Author
By Jorge Mercado Tuesday, February 22nd, 2022
Carpinteria-based Procore Technologies beat analysts’ revenue expectations with its release of fourth quarter financial results on Feb. 22, but fell short of earnings expectations with a net loss slightly larger than the year before. Procore, a construction software company, reported $146 million in revenue for the fourth quarter of 2021, a 33% increase from the…