Latest news with #Procore
Yahoo
7 days ago
- Business
- Yahoo
1 Unprofitable Stock on Our Watchlist and 2 to Turn Down
Running at a loss can be a red flag. Many of these businesses face mounting challenges as competition increases and funding becomes harder to secure. Unprofitable companies face an uphill battle, but not all are created equal. Luckily for you, StockStory is here to separate the promising ones from the weak. That said, here is one unprofitable company with the potential to become an industry leader and two that could struggle to survive. Trailing 12-Month GAAP Operating Margin: -12.9% Used to manage the multi-year expansion of the Panama Canal that began in 2007, Procore (NYSE:PCOR) offers a software-as-service project, finance, and quality management platform for the construction industry. Why Are We Wary of PCOR? Track record of operating margin losses stem from its decision to pursue growth instead of profits Low free cash flow margin of 9.8% for the last year gives it little breathing room, constraining its ability to self-fund growth or return capital to shareholders Procore is trading at $64.18 per share, or 7.3x forward price-to-sales. Dive into our free research report to see why there are better opportunities than PCOR. Trailing 12-Month GAAP Operating Margin: -186% One of the first EV charging companies to go public, Blink Charging (NASDAQ:BLNK) is a manufacturer, owner, operator, and provider of electric vehicle charging equipment and networked EV charging services. Why Is BLNK Not Exciting? Issuance of new shares over the last five years caused its earnings per share to fall by 10.2% annually while its revenue grew Cash burn makes us question whether it can achieve sustainable long-term growth Short cash runway increases the probability of a capital raise that dilutes existing shareholders At $0.90 per share, Blink Charging trades at 0.8x forward price-to-sales. To fully understand why you should be careful with BLNK, check out our full research report (it's free). Trailing 12-Month GAAP Operating Margin: -4.2% Based in Tel Aviv, Fiverr (NYSE:FVRR) operates a fixed price global freelance marketplace for digital services. Why Are We Fans of FVRR? Customers are spending more money on its platform as its average revenue per buyer has increased by 17.4% annually over the last two years Additional sales over the last three years increased its profitability as the 52.1% annual growth in its earnings per share outpaced its revenue Free cash flow margin grew by 9.7 percentage points over the last few years, giving the company more chips to play with Fiverr's stock price of $29.70 implies a valuation ratio of 12.4x forward EV/EBITDA. Is now the right time to buy? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Business News
11-06-2025
- Business
- Time Business News
Transforming Pakistan's Construction Industry with Project Management Software
Pakistan's construction sector is a vital engine of economic growth, fueling urban development, infrastructure expansion, and housing projects across the country. However, managing these complex projects efficiently remains a challenge due to traditional processes, manual tracking, and fragmented communication. Today, Construction Project Management Software in Pakistan is emerging as a crucial tool that's revolutionizing how construction projects are planned, executed, and monitored in Pakistan. Construction projects in Pakistan often face common obstacles: Delays caused by inefficient scheduling and poor coordination Cost overruns due to lack of real-time budget monitoring Communication breakdowns between contractors, engineers, and clients Difficulties in managing labor, materials, and equipment across multiple sites Paper-based documentation prone to loss or error CPMS addresses these challenges by providing a centralized digital platform that brings clarity, accountability, and efficiency to project management. Most CPMS platforms offer a suite of features tailored to the unique needs of the construction industry, including: Project Scheduling: Visual timelines, task dependencies, and milestone tracking Visual timelines, task dependencies, and milestone tracking Budget Management: Real-time expense tracking and forecasting Real-time expense tracking and forecasting Resource Allocation: Assigning labor, equipment, and materials to tasks Assigning labor, equipment, and materials to tasks Document Control: Centralized storage for blueprints, contracts, and permits Centralized storage for blueprints, contracts, and permits Communication Tools: Instant messaging, notifications, and collaboration portals Instant messaging, notifications, and collaboration portals Mobile Access: On-site updates via smartphones or tablets These features help construction teams stay aligned, monitor progress, and make informed decisions quickly. Across Pakistan, adoption of CPMS is increasing steadily, especially among mid-to-large scale firms. Key factors driving this trend include: Urban Growth: Expanding cities demand faster and more organized construction workflows. Expanding cities demand faster and more organized construction workflows. Government Projects: Large infrastructure initiatives under CPEC and national development plans require transparent project monitoring. Large infrastructure initiatives under CPEC and national development plans require transparent project monitoring. Real Estate Boom: Developers seek better oversight for multiple simultaneous projects. Developers seek better oversight for multiple simultaneous projects. Technology Awareness: Growing digital literacy among engineers and contractors facilitates software adoption. While international platforms like Procore and Primavera are popular, Pakistani startups are also creating localized solutions that cater specifically to domestic needs. Automated scheduling and resource management reduce downtime and improve labor utilization. Real-time budget monitoring helps avoid unexpected expenses and builds trust with clients. Integrated communication tools minimize misunderstandings and errors across teams. Digital documentation ensures all permits and standards are met without delays. Managers get instant visibility into site conditions, enabling quicker problem resolution. Despite clear benefits, several barriers remain: Internet Accessibility: Remote or rural construction sites often face connectivity issues. Remote or rural construction sites often face connectivity issues. Training Needs: Lack of digital skills among frontline workers slows adoption. Lack of digital skills among frontline workers slows adoption. Cost Concerns: Smaller firms find subscription fees for advanced software prohibitive. Smaller firms find subscription fees for advanced software prohibitive. Cultural Resistance: Some industry veterans prefer traditional management methods. Addressing these issues through training, affordable pricing, and mobile-optimized software is key to broader uptake. Looking ahead, the construction industry in Pakistan is poised for a digital transformation with: Integration of AI and Analytics: For predictive maintenance, risk assessment, and smarter scheduling. For predictive maintenance, risk assessment, and smarter scheduling. Mobile-First Solutions: Tailored for on-site workers with low connectivity. Tailored for on-site workers with low connectivity. Cloud-Based Collaboration: Enabling seamless teamwork between multiple stakeholders. Enabling seamless teamwork between multiple stakeholders. Government Incentives: Potential policies encouraging digital project management tools. Potential policies encouraging digital project management tools. Localized Software Development: Increasingly customized solutions with Urdu support and regional features. Construction Project Management Software is playing a pivotal role in modernizing Pakistan's construction industry. By improving efficiency, cost management, and communication, CPMS helps firms deliver projects on time and within budget. As Pakistan continues to build its future, embracing digital project management tools will be essential for competitiveness and sustainable growth. TIME BUSINESS NEWS
AU Financial Review
29-05-2025
- Business
- AU Financial Review
Investing in data strategy is key to unlocking AI in construction
With projects increasing in complexity and scale, companies are turning to digital platforms to consolidate their data, improve workflow management and make better decisions. But to reap the full benefits of AI, construction firms need more than just raw information - they need organised and accessible data that is seamlessly integrated into their daily operations. 'What we're doing now is using our learnings to add AI in a way that improves how our customers work, ensuring they have a robust data approach that underpins AI-driven decision-making,' says Skelton. The ability to quickly access accurate project information is critical. Many construction teams still spend excessive time searching for documentation instead of focusing on core tasks. Procore's industry transformation leader, Andy Rampton, says Procore research found that inefficiencies in data retrieval cost businesses valuable time. 'We surveyed over 1000 construction companies across all project types and stakeholders, and what we learned is that 18 per cent of their time was spent looking for documentation,' he says. 'That's almost a fifth of a working week that they effectively waste trying to find information.' Much of this information sits across multiple platforms, including communication tools, such as email, finance systems, design applications and construction management software, making retrieval cumbersome. 'On a typical project much of the information is spread across multiple applications that have traditionally been used in parallel with construction management tools, like Procore's own platform,' Rampton says. 'So what we try to do in our approach to delivering AI to construction is solve the problem of wasted time spent searching for documentation in those multiple systems.' Building a seamless data ecosystem The success of AI in construction depends on the ability to, as far as possible, standardise data across different projects and then consolidate it within a central platform. Procore's approach ensures that information is captured in an organised way from the outset, allowing AI to extract meaningful insights without the need for manual intervention. 'Because we are built on a single structured data platform, every piece of information entered into Procore is automatically configured in a way that allows AI to extract insights without needing to clean or reorganise the data,' says Rampton. Ensuring data is collected in a uniform manner also reduces errors and enhances collaboration across teams. Rampton says a key focus is making sure construction workers can easily input and access project information. 'We want to ensure that we can design a solution that allows construction workers to continue their work on-site or at head office without disrupting their process, making it easier for them to communicate, collaborate, and share data,' he says. AI in action - practical benefits on site While AI is often associated with futuristic applications, its real power in construction lies in practical, day-to-day efficiencies. 'As we're defining what the new world looks like for construction with the rapid acceleration of AI, we want to make sure that, first and foremost, it is practical, it is able to be used by our customers day in, day out,' says Rampton. This means embedding AI into workflows in a natural and intuitive way, avoiding unnecessary complexity, and helping customers define the questions that AI will address. Procore's AI tools are designed to surface critical information when and where it is needed, supporting accurate and efficient decision-making, without requiring workers to sift through vast amounts of data manually. 'We want to make sure that we can leverage AI to access key information on job sites, to surface information from various different data sources, and present that information in a way that saves time and helps deliver successful project outcomes,' Rampton says. The role of mobile-first technology One of the most significant shifts in construction technology is the move towards mobile-first solutions. Rather than relying on traditional office-based systems, workers can now input and retrieve data in real time using smartphones and tablets. 'Procore's mobile-first capabilities is one of the key ways the platform captures and uses data effectively. Workers on-site can use their devices to input and access data in real time,' says Skelton. This shift is helping bridge the gap between office teams and on-site workers, ensuring data flows freely between all stakeholders. 'The way the industry builds is changing. People on-site and in the office need a system that allows seamless data sharing between both, and with the extended supply chain,' Skelton says. By making AI-driven insights available on mobile devices, companies can make faster, more informed decisions without delays. 'Our mobile-first approach makes it easy for workers to capture data on-site, in real time, without slowing down their work or requiring additional tools or systems,' says Skelton. A sophisticated data strategy is no longer optional in construction - it is essential for maximising AI's potential and driving better project outcomes. Adrian Gilmore, contracts manager at Alchemy Construct, has seen firsthand how structured data can unlock AI-driven insights, transforming decision-making and efficiency on-site. 'AI is only as good as the data it's built on. A well-structured data strategy ensures that we're collecting, organising, and storing data in a way that AI can actually use. It's not just about having data; it's about having the right data and in the right format,' Gilmore says. 'This approach allows companies to move beyond reactive decision-making and instead use predictive analytics to anticipate challenges, optimise resource allocation, and improve project performance.' Having a unified data strategy is particularly crucial in construction, where multiple stakeholders generate their own data. Gilmore says breaking down silos and making insights accessible to all parties is a game-changer. 'A comprehensive data strategy fosters a culture of data-driven decision-making. AI can integrate diverse data streams, providing a complete view of project status and performance,' says Gilmour. Procore's data management framework has been instrumental in enabling Alchemy Construct to leverage AI-driven insights. 'Procore consolidates all our project data - drawings, budgets, quality reports, and more - into one platform,' says Gilmour. 'This centralisation is critical for AI because it eliminates the need to chase down data from isolated systems or spreadsheets. With Procore, we can feed clean, standardised data into analytic tools, which then deliver insights we can trust.' Despite the benefits of AI and data analytics, Gilmore acknowledges the industry's challenges in standardising and integrating data. 'One of the biggest hurdles we faced was getting everyone using the platform. Subcontractors, for example, often have their own ways of tracking data, and integrating that into a centralised system can be a challenge.' Alchemy Construct has tackled these challenges by focusing on training and change management. 'We've worked hard to create a culture where data is seen as an asset, not a burden,' says Gilmour. Looking ahead, Gilmore is excited about AI's potential to automate decision-making in construction. 'AI agents are a game-changer. These systems don't just provide insights but take action on your behalf - whether it's adjusting schedules, ordering material, or flagging safety risks,' says Gilmour. 'This level of automation will make how we manage projects significantly more efficient, freeing up time for strategic decision-making.' AI's integration into design, estimating, and procurement is another development Gilmore is closely watching. 'Once fully integrated with AI, these areas will vastly improve the accuracy and efficiency of the construction lifecycle. We'll see fewer delays and more stable project costs,' says Gilmour. 'Right now, these aspects require significant manual input, which naturally leads to human error under tight deadlines. The old saying still holds true - time is money - and AI will help us save both.' Emerging technologies like augmented reality (AR) will also have a major impact, Gilmore says. 'AR allows workers to visualise project plans in real time on-site, minimising errors and clashes. That means cost savings and fewer delays. The potential is enormous,' says Gilmour Gilmore believes that companies investing in data strategies and AI today will have a significant competitive advantage in the future. 'The construction sector has been slow to adopt technology, but the tide is turning,' he says. 'Companies that invest in data strategies and AI now will be ahead of the game. It's not about replacing people; it's about empowering them with the tools to do their jobs better. 'At Alchemy, we've seen firsthand how adopting technology improves our everyday tasks, and I encourage others to take the leap.'
Yahoo
28-05-2025
- Business
- Yahoo
Design Software Stocks Q1 Teardown: Unity (NYSE:U) Vs The Rest
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at design software stocks, starting with Unity (NYSE:U). The demand for rich, interactive 2D, 3D, VR and AR experiences is growing, and while the ubiquitous metaverse might still be more of a buzzword than a real thing, what is real is the demand for the tools to create these experiences, whether they are games, 3D tours or interactive movies. The 5 design software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 2.6% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 2.2% on average since the latest earnings results. Started as a game studio by three friends in a Copenhagen apartment, Unity (NYSE:U) is a software as a service platform that makes it easier to develop and monetize new games and other visual digital experiences. Unity reported revenues of $435 million, down 5.5% year on year. This print exceeded analysts' expectations by 4.4%. Despite the top-line beat, it was still a mixed quarter for the company with an impressive beat of analysts' billings estimates but revenue guidance for next quarter slightly missing analysts' expectations. "The Company's first quarter results once again meaningfully exceeded expectations on both revenue and Adjusted EBITDA, highlighting our progress as we continue to build a culture of execution and discipline,' said Matt Bromberg, President and CEO of Unity. Unity delivered the slowest revenue growth of the whole group. The stock is down 2.8% since reporting and currently trades at $20.73. Is now the time to buy Unity? Access our full analysis of the earnings results here, it's free. Used to manage the multi-year expansion of the Panama Canal that began in 2007, Procore (NYSE:PCOR) offers a software-as-service project, finance, and quality management platform for the construction industry. Procore reported revenues of $310.6 million, up 15.3% year on year, outperforming analysts' expectations by 2.6%. The business had a strong quarter with accelerating customer growth and a solid beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 7% since reporting. It currently trades at $67.61. Is now the time to buy Procore? Access our full analysis of the earnings results here, it's free. One of the most well-known Silicon Valley software companies around, Adobe (NASDAQ:ADBE) is a leading provider of software as service in the digital design and document management space. Adobe reported revenues of $5.71 billion, up 10.3% year on year, exceeding analysts' expectations by 1%. Still, it was a mixed quarter as it posted EPS guidance for next quarter meeting analysts' expectations. Adobe delivered the weakest full-year guidance update in the group. As expected, the stock is down 12.5% since the results and currently trades at $383.75. Read our full analysis of Adobe's results here. Used to design the Airbus A380 and Boeing 787 Dreamliner commercial airplanes, PTC's (NASDAQ:PTC) software-as-service platform helps engineers and designers create and test products before manufacturing. PTC reported revenues of $636.4 million, up 5.5% year on year. This result surpassed analysts' expectations by 5%. Taking a step back, it was a mixed quarter as it also recorded a solid beat of analysts' EBITDA estimates but EPS guidance for next quarter missing analysts' expectations significantly. PTC pulled off the biggest analyst estimates beat and highest full-year guidance raise among its peers. The stock is up 11.7% since reporting and currently trades at $172.97. Read our full, actionable report on PTC here, it's free. With the name chosen to reflect the idea of a repeating pattern or rhythm in electronic design, Cadence Design Systems (NASDAQ:CDNS) offers a software-as-a-service platform for semiconductor engineering and design. Cadence reported revenues of $1.24 billion, up 23.1% year on year. This print was in line with analysts' expectations. Zooming out, it was a satisfactory quarter as it also logged a solid beat of analysts' EBITDA estimates but a slight miss of analysts' billings estimates. Cadence scored the fastest revenue growth but had the weakest performance against analyst estimates among its peers. The stock is up 7.6% since reporting and currently trades at $307.40. Read our full, actionable report on Cadence here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Q1 Design Software Earnings Review: First Prize Goes to Procore (NYSE:PCOR)
Let's dig into the relative performance of Procore (NYSE:PCOR) and its peers as we unravel the now-completed Q1 design software earnings season. The demand for rich, interactive 2D, 3D, VR and AR experiences is growing, and while the ubiquitous metaverse might still be more of a buzzword than a real thing, what is real is the demand for the tools to create these experiences, whether they are games, 3D tours or interactive movies. The 5 design software stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 2.6% while next quarter's revenue guidance was in line. In light of this news, share prices of the companies have held steady as they are up 4.9% on average since the latest earnings results. Used to manage the multi-year expansion of the Panama Canal that began in 2007, Procore (NYSE:PCOR) offers a software-as-service project, finance, and quality management platform for the construction industry. Procore reported revenues of $310.6 million, up 15.3% year on year. This print exceeded analysts' expectations by 2.6%. Overall, it was a strong quarter for the company with accelerating customer growth and a solid beat of analysts' EBITDA estimates. Interestingly, the stock is up 9.2% since reporting and currently trades at $69. Is now the time to buy Procore? Access our full analysis of the earnings results here, it's free. With the name chosen to reflect the idea of a repeating pattern or rhythm in electronic design, Cadence Design Systems (NASDAQ:CDNS) offers a software-as-a-service platform for semiconductor engineering and design. Cadence reported revenues of $1.24 billion, up 23.1% year on year, in line with analysts' expectations. The business had a satisfactory quarter with a solid beat of analysts' EBITDA estimates but a slight miss of analysts' billings estimates. Cadence achieved the fastest revenue growth among its peers. The market seems happy with the results as the stock is up 11.5% since reporting. It currently trades at $318.50. Is now the time to buy Cadence? Access our full analysis of the earnings results here, it's free. One of the most well-known Silicon Valley software companies around, Adobe (NASDAQ:ADBE) is a leading provider of software as service in the digital design and document management space. Adobe reported revenues of $5.71 billion, up 10.3% year on year, exceeding analysts' expectations by 1%. Still, it was a decent quarter as it posted EPS guidance for next quarter in line with analysts' expectations. Adobe delivered the weakest full-year guidance update in the group. As expected, the stock is down 9.4% since the results and currently trades at $397.67. Read our full analysis of Adobe's results here. Used to design the Airbus A380 and Boeing 787 Dreamliner commercial airplanes, PTC's (NASDAQ:PTC) software-as-service platform helps engineers and designers create and test products before manufacturing. PTC reported revenues of $636.4 million, up 5.5% year on year. This number topped analysts' expectations by 5%. More broadly, it was a mixed quarter as it also recorded an impressive beat of analysts' EBITDA estimates but EPS guidance for next quarter missing analysts' expectations. PTC scored the biggest analyst estimates beat and highest full-year guidance raise among its peers. The stock is up 10.4% since reporting and currently trades at $170.96. Read our full, actionable report on PTC here, it's free. Started as a game studio by three friends in a Copenhagen apartment, Unity (NYSE:U) is a software as a service platform that makes it easier to develop and monetize new games and other visual digital experiences. Unity reported revenues of $435 million, down 5.5% year on year. This result beat analysts' expectations by 4.4%. Taking a step back, it was a mixed quarter as it also produced an impressive beat of analysts' billings estimates but revenue guidance for next quarter slightly missing analysts' expectations. Unity had the slowest revenue growth among its peers. The stock is up 3% since reporting and currently trades at $21.97. Read our full, actionable report on Unity here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
