The construction software firm reported adjusted EPS of $0.47 and revenue growth of 15.7% year-over-year.
Procore Technologies posted second-quarter non-GAAP earnings per share of $0.47, exceeding estimates by $0.06. Revenue reached $375 million, up 15.7% from the same period last year and $9.33 million above expectations.
The company’s weighted average shares outstanding increased 1% year-over-year to 151.36 million. Revenue growth was driven by strong demand for its construction management platform.
Shares showed limited immediate reaction in after-hours trading following the release.