February 22, 2024
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In ‘transition year,’ Procore reports growth in both revenue and net losses

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Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)
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…

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