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Procore Breaks $1B Barrier: Defying Economic Odds

Procore Technologies exceeds $1 billion in annual recurring revenue in Q4 FY 2023, demonstrating resilience and setting a positive outlook for future growth.

by Mark Eisenberg
Fri, Feb 16, 2024 5:10pm
in Business
• 2 mins read
13.9k
Procore Breaks B Barrier: Defying Economic Odds | FinOracle

Photo: Finoracle.net

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Procore Technologies Exceeds $1 Billion in Annual Recurring Revenue in Q4 FY 2023

Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, has announced its impressive financial results for the fourth quarter of the fiscal year 2023. The company has surpassed $1 billion in total annual recurring revenue (ARR) and generated $29 million in free cash flow.

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