Major Houston tech firm grows subscription revenue in 2019, posts quarterly losses

Houston-based Pros Holdings Inc. (NYSE: PRO), one of the city’s largest technology firms, saw notable gains in its subscription revenue in 2019.

Pros, which develops artificial intelligence-powered cloud software offerings for quote pricing, revenue management and other services, released earnings Feb. 6. Pros grew its subscription revenue to $141.2 million in 2019, up 48 percent from $95.2 million in 2018. Pros posted a total revenue of $250.3 million for 2019, compared to $197 million in 2018.…