Procore Announces Second Quarter 2022 Financial Results

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Cost of revenue

 

$

5,654

 

 

$

1,086

 

 

$

11,308

 

 

$

2,172

 

Sales and marketing

 

 

3,106

 

 

 

466

 

 

 

6,212

 

 

 

945

 

Research and development

 

 

895

 

 

 

680

 

 

 

1,797

 

 

 

863

 

Total amortization of acquired intangible assets

 

$

9,655

 

 

$

2,232

 

 

$

19,317

 

 

$

3,980

 

(3) Includes employer payroll tax on employee stock transactions as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Cost of revenue

 

$

68

 

 

$

330

 

 

$

149

 

 

$

334

 

Sales and marketing

 

 

317

 

 

 

1,215

 

 

 

925

 

 

 

1,357

 

Research and development

 

 

523

 

 

 

1,748

 

 

 

1,550

 

 

 

1,822

 

General and administrative

 

 

182

 

 

 

635

 

 

 

727

 

 

 

715

 

Total employer payroll tax on employee stock transactions

 

$

1,090

 

 

$

3,928

 

 

$

3,351

 

 

$

4,228

 

(4) Includes acquisition-related expenses as follows:

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »
Featured Video
Jobs
CAD Engineer for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Electrical Engineer for California Water Service Group at San Jose, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Upcoming Events
MEMS & Sensors Executive Congress (MSEC 2024) at Château-Bromont Hotel in Bromont Quebec Canada - Oct 7 - 9, 2024
PCB West 2024 at Santa Clara Convention Center Santa Clara CA - Oct 8 - 11, 2024
DVcon Europe 2024 at Holiday Inn Munich City Center, Munich Germany - Oct 15 - 16, 2024
International Test Conference (ITC) at United States - Nov 3 - 8, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise